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The Future of Fish Feed initiative and its Feed Innovation Network are promoting alternative ingredients to replace wild-caught fish in aquafeed. The article cites FAO estimates that about 18.9 million tonnes of wild fish are used annually for fishmeal and fish oil, and that wild seafood supply could fall 25% by 2030.
Projected declines in wild-catch supply and pressure to substitute ingredients support fishmeal prices over the long term while accelerating demand for plant proteins. The effect on current prices is small.
worldfishing.netOPTIMAR ASJun 26, 2018Not enough comparable past events yet for a historical read.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
