Loading…
Cargill Aqua Nutrition and Rabobank gave divergent long-term price outlooks for marine feed ingredients. Cargill expects fishmeal and fish oil prices to be neutral short term and bearish long term, while Rabobank expects a rise driven by aquaculture demand.
Bearish supply factors such as higher EU quotas and excess Peruvian fish oil stocks point to lower fishmeal costs, while aquaculture demand growth supports prices. Buyers face conflicting directional signals.
benisonmedia.comAshwani VermaApr 13, 2017Not enough comparable past events yet for a historical read.
After 149 past bullish report events, Palm Oil moved a median +0.5% over 5 sessions (57% higher; middle half -1.1% to +1.8%), and +0.8% over 20.
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.
