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Fishmeal prices weakened in recent trading despite firm underlying demand, according to Undercurrent News. The article is a short price report with limited detail beyond the headline.
Softer fishmeal prices lower protein input costs for aquafeed and livestock feed buyers, though firm demand limits the downside. Buyers may see fishmeal as a cheaper option relative to alternatives.
undercurrentnews.comMatilde MereghettiJan 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.
