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Rabobank forecasts fishmeal production to improve in the coming period, with prices expected to decrease. The outlook was reported by Undercurrent News on December 9, 2016.
Higher fishmeal output and lower prices would ease feed costs for aquaculture and livestock buyers using fishmeal in rations, weighing on fishmeal and related protein prices.
undercurrentnews.comMatilde MereghettiDec 9, 2016Not enough comparable past events yet for a historical read.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.
