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Archer Daniels Midland launched Proplex T, a high-protein ingredient made from dried fermentation biomass, as a partial fishmeal replacement for carnivorous fish such as salmon. The company plans to sell the product globally and is pursuing additional registrations.
Fishmeal alternatives like Proplex T could gradually reduce fishmeal demand in aquafeed, a mild bearish influence on fishmeal prices.
benisonmedia.comAshwani VermaMay 21, 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.
