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IFFO's January-September 2020 analysis shows marine ingredient output in line with the previous five-year average. Cumulative fishmeal production is down about 2.5% year on year, with fish oil production also down about 2.5%, mainly due to Peru, the US and India.
China, the main market for marine ingredients, is a focus of the report.
Slightly lower fishmeal and fish oil output keeps supply limited, which supports prices for feed buyers, though overall supply is stable.
aquafeed.comAquafeed Media SLUNov 6, 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.
