
Innovafeed published a white paper arguing that marine ingredient scarcity is structural rather than cyclical, noting that fishmeal and fish oil prices have risen sharply since Peru halted its anchovy season early. Each supply disruption has settled at a higher price floor than the last.
Structural scarcity implies a higher long-run price base for fishmeal and fish oil, while aquafeed users may shift toward poultry by-products and soy, supporting those alternatives.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.