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FAO reports that fish prices reached record highs in early 2018 due to tight wild catch supplies and strong global demand. Aquaculture is expected to overtake capture fisheries within two years, and international seafood trade is projected to grow 8.3% in USD terms in 2018.
Tight wild fish supply supports fishmeal and fish oil prices, while growing aquaculture adds demand for plant and fish-based feed. The report is a general outlook with a modest direct price effect.
fao.orgJul 8, 2018Not 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.
