# EWOS result marked by feed costs, brand sale | Salmon Business

> 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.

- Date: 2018-01-05 · published 2018-01-05T12:00:00.000Z
- Category: market · region Norway · magnitude low
- Page: https://feedsoft.ai/events/67068-ewos-result-marked-by-feed-costs-brand-sale-salmon-business
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Rising fishmeal, fish oil and soy protein input costs show feed makers absorbing higher protein prices, which supports demand for substitute proteins.

## Read by commodity

- SBM: neutral
- FISHMEAL: bullish ▲

## Sources

- salmonbusiness.com: https://www.salmonbusiness.com/ewos-result-marked-by-feed-costs-brand-sale/

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