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Global fish production growth is expected to slow in 2016, mainly due to lower catches of wild species such as Alaska pollock and anchoveta. Aquaculture output is forecast to rise about 5%, and per capita fish consumption continues to increase by roughly 1% a year.
The contraction in anchoveta supply after El Niño is likely to raise fishmeal and fish feed prices, increasing costs for farmed carnivorous fish producers and supporting protein meal demand.
aquafeed.comAquafeed Media SLUDec 8, 2016Not enough comparable past events yet for a historical read.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% 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.
