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IFFO data show 2021 fishmeal output in the reporting countries rose to about 2.44 million mt from 2.36 million mt in 2020. Fish oil output fell about 6% to 546,000 mt, with Peru reporting a contraction.
Higher fishmeal output with little marine ingredient supply expected in early 2022 supports prices, while lower fish oil output tightens that market.
feedandadditive.comMar 14, 2022feedandadditive.comMar 14, 2022Not enough comparable past events yet for a historical read.
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.
