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Rabobank research says fishmeal and fish oil supply has improved since the absence of El Niño, with high prices softening. The report expects current price levels to hold at least in the short term.
It also says producers of alternative proteins and oils will need new growth strategies to cope with potentially lower prices ahead.
Recovering Peruvian anchovy supply and softer prices reduce fishmeal costs for aquafeed buyers. Alternative ingredients may further pressure fishmeal prices as they scale up.
aquafeed.comAquafeed Media SLUMay 11, 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.
