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SEAFDEC/AQD describes the paradox of aquaculture depending on wild-caught fish for feed and promotes alternative ingredients. It notes feed can exceed 50% of farm production costs and that plant proteins like soybean meal and wheat gluten have served as lower-cost substitutes.
Continued push toward plant-based substitutes shifts demand toward soybean meal and other plant proteins, a mild bearish factor for fishmeal demand over time.
seafdec.org.phRossea H. LedesmaApr 4, 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.
