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Undercurrent News reports that feed giant Cargill is bearish on the long-term fishmeal price outlook, while Rabobank is bullish. The two forecasts point in opposite directions.
Diverging forecasts from a major buyer and a major bank leave the medium-term fishmeal price direction unclear for feed buyers. Cargill's view points to softer prices, while Rabobank's points to firmer ones.
undercurrentnews.comMatilde MereghettiMar 17, 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.
