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EWOS, the Norwegian aquafeed unit of Cargill, reported a 2017 net profit of NOK 747 million after a loss in 2016. The result was helped by higher feed prices, though raw material costs for fish oil, fishmeal and soy protein concentrate rose.
Rising fishmeal, fish oil and soy protein input costs show feed makers absorbing higher protein prices, which supports demand for substitute proteins.
salmonbusiness.comEditorial TeamJan 5, 2018Not enough comparable past events yet for a historical read.
Not 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.
