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Commentary indicates that the ongoing soybean trade dispute between the US and China will not immediately affect aquaculture feed use. It suggests that higher fishmeal prices could follow as soybean meal costs shift buyers toward fishmeal.
If soybean meal becomes more expensive, fishmeal substitution can lift fishmeal demand and prices, affecting aquafeed formulation costs.
undercurrentnews.comSeafoodNews.comApr 12, 2018Not enough comparable past events yet for a historical read.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% 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.
