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IFFO market research director Enrico Bachis says Asia and China account for almost 70% of global fishmeal production. IFFO expects higher fishmeal use in pig and poultry feed and pet food in 2020, with China remaining the largest importer at 1.4 million tons.
Rising monogastric inclusion rates in Asia would increase fishmeal demand, supporting prices for buyers competing for limited supply.
agnavigator.comJane ByrneOct 26, 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.
