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Pesquera Exalmar reported net income of USD 11.7 million for the first half of 2017, up sharply from a loss a year earlier. Sales rose 99% on higher capture and processing, while average fishmeal selling prices fell 6% versus the second 2016 season due to the larger 2.80 million tonne first-season quota.
The larger Peruvian quota and lower average fishmeal selling prices confirm ample fishmeal supply, which keeps downward pressure on fishmeal prices for feed buyers.
aquafeed.comAquafeed Media SLUAug 3, 2017Not 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.
