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Petfood Industry reports that the synthetic antioxidant ethoxyquin is a barrier for Peruvian and Chilean fishmeal producers seeking to sell into the global pet food ingredient market. Producers want to move into pet food, but the antioxidant's controversy limits access.
If pet food demand for fishmeal is blocked by ethoxyquin restrictions, that demand stays in feed channels, keeping fishmeal supply competing in the livestock feed market without a clear price shift.
petfoodindustry.comTim WallOct 1, 2019Not 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.
