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Feed company Biomar reported its raw material use for 2016 fell below a feed-in-fish-oil ratio of 1 for the first time. The company attributed this to new technology and high prices for fishmeal and fish oil.
Feed makers substituting away from fishmeal and oil when prices are high reduces demand for those inputs and supports plant protein alternatives.
intrafish.comIntraFish MediaJul 3, 2017Not 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.
