# What a 17% Poultry Meal Spike Could Do to One Pet Food Formula

> Pet food grade poultry by-product meal rose from $835 to $975 a short ton between August 10 and September 9, about 17% in a month. The move was linked to Peru cancelling its anchovy season, which pushed fishmeal to a record and led aquafeed buyers to bid for poultry meals. An illustrative example shows a 20% poultry meal rise prompting reformulation toward more soybean meal and chicken fat.

- Date: 2026-11-05 · published 2026-11-05T18:06:16.875Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/82050-what-a-17-poultry-meal-spike-could-do-to-one-pet-food-formula
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Fishmeal shortfalls are pushing buyers toward poultry meal, soybean meal and fats, lifting costs across feed ingredients. Chicken fat prices follow energy markets and cannot expand quickly, so fat is likely to stay firm while soybean meal absorbs extra volume with little price impact.

## Read by commodity

- MBM: bullish ▲
- SBM: neutral
- FISHMEAL: bullish ▲

## Sources

- datacor.com: https://www.datacor.com/resources/what-a-17-poultry-meal-spike-could-do-to-one-pet-food-formula

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