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Infosamak republishes the Globefish market report stating that global fishmeal production declined in 2016. It expects a rebound in 2017 as El Niño ends and anchovy stocks recover.
Rising aquaculture demand could push prices higher in the short term.
Expected Peruvian supply recovery is offset by growing feed demand from shrimp and salmon farms, which supports a short-term rise in fishmeal prices. This affects the cost of protein inputs for feed buyers.
infosamak.orgInfosamakJun 20, 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.
