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BioMar, a major aquafeed producer, has set a target of sourcing 80% certified fishmeal and fish oil by 2020. The commitment was reported by Undercurrent News on June 27, 2018.
Growing demand for certified fishmeal can raise the cost of compliant supply and favor certified producers, tightening the premium segment. Its effect on overall fishmeal prices is limited given the scale of the target.
undercurrentnews.comJun 27, 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.
