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A Changing Markets Foundation and Compassion in World Farming report criticizes reduction fisheries, saying about 70% of landed forage fish go to fishmeal and fish oil. It calls for reduced use of fishmeal and fish oil in aquafeed due to food security and ecological concerns.
Advocacy pressure on reduction fisheries and major feed producers could gradually reduce fishmeal demand, but it is an NGO report with no immediate supply or price change.
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.