# BioMar targets 80% certified fishmeal, oil use by 2020 - Undercurrent News

> 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.

- Date: 2018-06-27 · published 2018-06-27T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/64608-biomar-targets-80-certified-fishmeal-oil-use-by-2020-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

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.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2018/06/27/biomar-targets-80-certified-fishmeal-oil-use-by-2020/

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