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The FAO GLOBEFISH Highlights reported lower farmed shrimp output in Asia for 2019 and higher Ecuadorian production expected. It also said fishmeal prices have been trending downward, and Atlantic salmon output is forecast to rise about 6.5% in 2019.
Softer fishmeal prices and rising salmon supply point to ample fishmeal availability for feed buyers. Weaker demand from aquaculture also reduces pressure on 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.