# It has never been more expensive to feed salmon | SalmonBusiness

> The average price of fish feed reached a record of about €1.32 per kilo in the fourth quarter of 2021, according to BioMar's quarterly report. Raw material costs rose further in early 2022 after the war in Ukraine disrupted Black Sea grain and vegetable oil shipments.

- Date: 2022-03-10 · published 2022-03-10T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude medium
- Page: https://feedsoft.ai/events/9381-it-has-never-been-more-expensive-to-feed-salmon-salmonbusiness
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Disruption to Black Sea wheat and vegetable oil supply lifts feed raw material costs, and little relief is expected soon.

## Read by commodity

- SBO: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-04-29 | [As nitrogen-based fertilizer prices soar, global food inflation looms - The HinduBusinessLine](https://feedsoft.ai/events/7255-as-nitrogen-based-fertilizer-prices-soar-global-food-inflation-looms-the.md) | -3.1% | -0.4% |
| WHEAT | 2022-01-25 | [Euro falls to one-month low as Ukraine tensions simmer - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.](https://feedsoft.ai/events/43347-euro-falls-to-one-month-low-as-ukraine-tensions-simmer-sabc-news-breaking-news.md) | -2.1% | -0.8% |
| WHEAT | 2022-02-24 | [Food inflation risks balloon as prices of wheat to palm oil soar \| INTERNATIONAL ECONOMY NEWS - Business Standard](https://feedsoft.ai/events/9675-food-inflation-risks-balloon-as-prices-of-wheat-to-palm-oil-soar-international.md) | +6.8% | +25.3% |
| WHEAT | 2023-11-22 | [Wheat jumps 1% to near 2-week high on Black Sea supply concerns - Markets - Business Recorder](https://feedsoft.ai/events/12251-wheat-jumps-1-to-near-2-week-high-on-black-sea-supply-concerns-markets-business.md) | -0.4% | -1.2% |
| WHEAT | 2022-08-27 | [Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis \| INTERNATIONAL ECONOMY NEWS - Business Standard](https://feedsoft.ai/events/5146-higher-gas-prices-deepen-europe-s-fertiliser-crunch-threaten-food-crisis.md) | +0.5% | +4.4% |
| SBO | 2022-06-01 | [Global events spur search for alternative oils \| Food Business News](https://feedsoft.ai/events/41034-global-events-spur-search-for-alternative-oils-food-business-news.md) | +2.3% | -12.9% |
| SBO | 2022-04-05 | [Sunflower shortage: why cooking oil has become so expensive \| UK cost of living crisis \| The Guardian](https://feedsoft.ai/events/4039-sunflower-shortage-why-cooking-oil-has-become-so-expensive-uk-cost-of-living.md) | -2.2% | +0.3% |
| SBO | 2026-04-02 | [U.S. crude on Thursday did something it's never done before as Iran war continues](https://feedsoft.ai/events/12726-u-s-crude-on-thursday-did-something-it-s-never-done-before-as-iran-war-continues.md) | +1.8% | +7.0% |

## Sources

- salmonbusiness.com: https://www.salmonbusiness.com/it-has-never-been-more-expensive-to-feed-salmon/

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