Loading…
Fishmeal prices turned bearish in early January 2019 as good Peruvian production weighed on the market. Chinese port stocks are high and demand is softer as African swine fever cuts hog herds and fishmeal usage.
Ample Peruvian supply plus high Chinese inventories and weaker feed demand point to lower fishmeal prices, which weighs on protein costs for feed buyers.
undercurrentnews.comLouis HarkellJan 10, 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.
