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Foodrise published a briefing saying 17% of EU fishery landings in 2023, over 600,000 tonnes, went into fishmeal and fish oil. Most of the EU's exported fishmeal and fish oil goes to Norway and the UK for salmon farming.
The group presented its findings to the European Parliament.
Advocacy pressure on fishmeal use for aquaculture could tighten future rules on fish-based feed inputs. The direct price effect in the near term is limited.
Not 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.