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Global aquaculture output grows about 4% a year, and fishmeal production has stayed near 5 million tonnes and fish oil near 1 million tonnes for years. Wild catch supplies about two-thirds of raw material, with trimmings providing the rest.
Flat fishmeal output against growing aquafeed demand supports firm prices and encourages substitution toward plant proteins.
wattagnet.comEmma PenrodJun 24, 2019Not enough comparable past events yet for a historical read.
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.
