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The EU fishmeal and fish oil report says global output averages about 5 million tonnes of fishmeal and 1 million tonnes of fish oil a year. The EU produces 450,000-500,000 tonnes of fishmeal and relies on imports from Norway, Iceland and the Faroes.
Stable global output with EU import dependence keeps fishmeal supply tight, which supports prices for feed buyers.
aquafeed.comAquafeed Media SLUJun 5, 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.
