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Danwatch reports that marine biologists criticize Danish fishmeal and fish oil buyers for sourcing from West Africa, arguing it drives overfishing of sardinella. The companies respond that they are working on sustainable procurement.
Pressure on West African sardinella sourcing could constrain fishmeal supply from Morocco and Mauritania over time, a modest upward risk for fishmeal prices.
danwatch.dkLouise VollerOct 25, 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.
