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Fishmeal prices in China have eased after holding at their highest level for 15 weeks, according to Undercurrent News. The report gives no new cause for the decline and is framed around a shrimp ex-farm price ticker.
Softer Chinese fishmeal prices reduce import costs for feed makers, though the change is small so far and does not signal a broader trend.
undercurrentnews.comLouis HarkellMar 26, 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.
