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The Guardian reports that the rising cost of fishmeal is adding pressure on salmon farming economics. Fishmeal is cited as around 40% of the cost of raising farmed salmon.
The article also raises sustainability criticism of the sector.
High fishmeal costs squeeze farmed salmon margins, which keeps fishmeal demand from aquaculture sensitive to its price.
theguardian.comMark KurlanskySep 15, 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.
