# Is the tide turning in favour of alternative protein producers? | The Fish Site

> Rabobank analyst Gorjan Nikolik argued that alternative protein producers such as insect and bacterial protein makers will grow in aquafeed despite struggling to match fishmeal and soy on bulk volume. He noted fishmeal prices are about $300 per tonne lower than before and soybean meal is near a price trough. He said Peru's anchoveta landings are unlikely to rise because of catch limits.

- Date: 2019-04-08 · published 2019-04-08T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/59674-is-the-tide-turning-in-favour-of-alternative-protein-producers-the-fish-site
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower fishmeal and soybean meal prices make feed costs cheaper for now, but Rabobank expects these key proteins to recover as Peruvian supply is capped. Buyers should expect firmer protein prices over time.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Sources

- thefishsite.com: https://thefishsite.com/articles/the-tide-is-turning-in-favour-of-alternative-protein-producers

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.