
UC Santa Cruz researchers developed a fish-free feed in which young rainbow trout grew as well as on a standard fishmeal and fish oil diet over 12 weeks. The study was published in October 2026 in Antioxidants.
Fish farming is cited as using about 87% of world fishmeal and 74% of fish oil, and fishmeal output has fallen sharply.
Fish-free feed could eventually reduce long-run demand for fishmeal and fish oil from trout and salmon farms. Current tight fishmeal supply keeps prices firm in the 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.