# Russia aims to boost its fishmeal production capacity, increase pelagic fishery - Undercurrent News

> Russia plans to expand its fishmeal production capacity and grow its pelagic fishery. The plan is a medium-term industry development goal.

- Date: 2017-09-26 · published 2017-09-26T12:00:00.000Z
- Category: policy · region Russia · magnitude low
- Page: https://feedsoft.ai/events/69043-russia-aims-to-boost-its-fishmeal-production-capacity-increase-pelagic-fishery
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A larger Russian fishmeal output over time would add supply to a market that already has ample product. The effect on prices is gradual and depends on how quickly the plan is executed.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2017/09/26/russia-aims-to-boost-its-fishmeal-production-capacity-increase-pelagic-fishery/

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