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IFFO president Anne Mette Baek said marine ingredient fishing performance in June 2020 was in line with the 2011-2019 average. IFFO expects 2020 global supply slightly above 2019, at just under five million tonnes of fishmeal and about one million tonnes of fish oil.
Stable Peruvian landings and a supply outlook slightly above 2019 suggest adequate fishmeal availability, which limits upside pressure on prices for feed buyers.
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.