
Indian shrimp farmers face pressure on profitability despite a 3% increase in overall volumes, as higher feed costs weigh on farm economics. Industry representatives attribute rising shrimp-feed prices partly to El Niño-related disruptions to fishmeal, fish oil, soybean meal and other raw materials; unseasonal rain and higher Vibrio loads are also complicating production, while shrimp prices remain subdued amid global oversupply.
Weather-related constraints on marine and crop ingredients raise aquafeed manufacturing costs, while weak shrimp prices limit farmers’ ability to pass those costs along. That supports prices for affected feed ingredients but may curb shrimp production and feed demand if margins deteriorate.
Not enough comparable past events yet for a historical read.
After 184 past bullish weather events, Soybean Oil moved a median +0.3% over 5 sessions (53% higher; middle half -1.9% to +2.4%), and -0.5% over 20.
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.
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.