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UC Santa Cruz researchers published a paper in Antioxidants reporting that they fully replaced fish-derived ingredients in aquafeed with an alternative. The work targets fishmeal and fish oil, whose supply has fallen near a decade low as aquaculture demand grows.
Successful fishmeal and fish oil substitutes could eventually ease demand for fishmeal, a protein ingredient in feeds, but the work is experimental and unlikely to move prices near term.
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.