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The Kingfish Company reported record quarterly revenue and volume. It expects higher feed costs because fishmeal and fish oil supplies remain constrained.
The company is adjusting feed formulations to offset the impact, and CEO Vincent Erenst agreed to stay on.
Constrained fishmeal and fish oil supply pushes up aquaculture feed costs, which supports demand for alternative protein and oil ingredients.
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.