Loading…
The Poultry Site reports that Bangladeshi poultry producers want the MBM import and sale ban lifted. They say switching to fishmeal would raise costs about 10 percent in an industry valued at USD 2.9 billion.
Continued industry pressure to reverse the MBM ban could eventually restore MBM demand, but for now the substitution to fishmeal persists. The price effect is limited to a small import market.
thepoultrysite.comGlobal Ag MediaJan 24, 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.
