Russia: Prices for fishmeal will stabilize in 2024

Published 2024년 2월 12일

Tridge summary

The conclusion of the anchovy season in Peru has yielded a substantial catch, which is likely to have a positive effect on fishmeal prices. However, prices are still expected to stay above historical averages. This development follows a period in 2023 when agricultural feed producers experienced severe shortages of fishmeal and fish oil, leading to a significant price hike.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The end of the anchovy season brought a good catch, which means that prices for fishmeal will adjust in a positive direction. However, prices are expected to remain above historical levels. In 2023, agricultural feed producers are facing severe shortages of fishmeal and fish oil. Difficulties in supply persisted for the first six months of last year and led to a serious increase in prices. However, the anchovy fishing season in Peru, which ended ...
Source: Agronovosti

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