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The Aquaculturists blog repeats RaboResearch's findings that fishmeal supply is good and prices have stabilised at a lower level. It also notes that alternative protein projects are proliferating and may erode prices over the medium term.
Stabilised fishmeal prices and rising alternatives suggest limited upside for fishmeal values in feed formulations. Buyers can expect a relatively stable to softer price environment.
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.