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Rabobank analyst Gorjan Nikolik expects fishmeal prices to show softness over the next two years as Peruvian anchovy supply recovers and quotas rise. Fishmeal currently trades at $1,500-1,550 per tonne and fish oil at $1,700-1,800 per tonne.
Expected higher Peruvian quotas point to weaker fishmeal prices, a direct cost benefit for feed buyers relying on fishmeal inclusion.
benisonmedia.comAshwani VermaMar 10, 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.
