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IFFO data show fishmeal and fish oil prices held steady in March. Market participants expect possible changes as uncertainty grows over the coronavirus outbreak.
Stable prices in March offer little current price signal, but pandemic uncertainty could push fishmeal prices higher later in the year 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.