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Feed Strategy reports that researchers in Hawaii raised kampachi on entirely fish-free feed built from commercially available components. The diet uses poultry meal in place of fishmeal and a canola, flax and algae oil blend in place of fish oil.
Falling poultry meal costs and cheaper algae oils made the diet commercially viable.
Lower-cost poultry meal and algae oil substitutes could gradually cut aquafeed demand for fishmeal and fish oil, a long-term bearish factor for fishmeal prices.
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.