# Rabobank forecasts fishmeal production to improve, prices to decrease - Undercurrent News

> 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.

- Date: 2016-12-09 · published 2016-12-09T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/73563-rabobank-forecasts-fishmeal-production-to-improve-prices-to-decrease
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: neutral
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2021-05-04 | [Global fishmeal, fish oil production on upward trend \| Feed Strategy](https://feedsoft.ai/events/46984-global-fishmeal-fish-oil-production-on-upward-trend-feed-strategy.md) | +6.2% | -5.0% |
| SBM | 2022-11-18 | [Commission publishes latest forecasts on EU feed protein production and trade  - Agriculture and rural development](https://feedsoft.ai/events/39002-commission-publishes-latest-forecasts-on-eu-feed-protein-production-and-trade.md) | -0.3% | +12.3% |
| SBM | 2022-07-19 | [Rabobank Poultry Report forecasts challenging global and U.S. markets \| The National Provisioner](https://feedsoft.ai/events/40637-rabobank-poultry-report-forecasts-challenging-global-and-u-s-markets-the.md) | +3.2% | +4.4% |
| SBM | 2024-02-12 | [USDA experts adjusted forecasts for global vegetable oils and meal production](https://feedsoft.ai/events/31794-usda-experts-adjusted-forecasts-for-global-vegetable-oils-and-meal-production.md) | -0.4% | -4.1% |
| SBM | 2018-06-21 | [Aquafeed.com \|
   

   
    EUMOFA Highlights: Global fishmeal and fish oil production increased in 2017](https://feedsoft.ai/events/64606-aquafeed-com-eumofa-highlights-global-fishmeal-and-fish-oil-production.md) | +0.2% | -1.3% |

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2016/12/09/rabobank-forecasts-fishmeal-production-to-improve-prices-to-decrease/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.