# KnipBio hails 'milestone' in quest for fishmeal replacement

> US company KnipBio announced KBM324, a single cell protein derived from Methylobacterium extorquens bacteria, which it says contains up to 70% crude protein and amino acids comparable to high-grade fishmeal. Commercial-demonstration production is planned for the second half of 2018.

- Date: 2018-05-30 · published 2018-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65115-knipbio-hails-milestone-in-quest-for-fishmeal-replacement
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A scalable fishmeal substitute could erode long-term fishmeal demand from aquafeed, though commercial volumes are still far off and the effect on prices is minimal near term.

## Read by commodity

- SBM: neutral
- FISHMEAL: bearish ▼

## Sources

- fishfarmingexpert.com: https://www.fishfarmingexpert.com/feed-fishmeal-knipbio/knipbio-hails-milestone-in-quest-for-fishmeal-replacement/1243393

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