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Fishmeal prices have recovered from a weak summer and are now about 16% above their level a year earlier. Fishmeal and fish oil prices are both back above last year's levels.
Fishmeal is a key protein ingredient in aquafeed and some livestock diets, so higher prices raise feed costs and may push buyers toward substitutes such as soybean meal.
intrafish.comKim Tran, Drew CherryDec 17, 2020Not 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.
