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Chinese demand is driving soybean prices sharply higher, and analysts say this could pull up fishmeal and fish oil prices as Peru's anchovy season ends. Fishmeal and soymeal compete as protein feed ingredients, so the soy rally spills over.
Higher soybean costs and substitution demand for fishmeal could lift protein feed prices, raising costs for feed buyers.
intrafish.comJohn EvansFeb 1, 2021Not enough comparable past events yet for a historical read.
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.
