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A US research team at Dartmouth College has developed an alternative tilapia feed using a marine microalga co-product to replace fishmeal and fish oil. The article notes aquaculture uses about 70 percent of global fishmeal and fish oil supplies.
This is a research development with no near-term supply change, so it has little immediate effect on fishmeal prices.
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.