# Fishmeal market turns bearish on good production, ASF, high China stocks - Undercurrent News

> 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.

- Date: 2019-01-10 · published 2019-01-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61176-fishmeal-market-turns-bearish-on-good-production-asf-high-china-stocks
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Ample Peruvian supply plus high Chinese inventories and weaker feed demand point to lower fishmeal prices, which weighs on protein costs for feed buyers.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2019/01/10/fishmeal-market-turns-bearish-on-good-production-asf-high-china-stocks/

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