January 6, 2020 โ Aquafeed and its components may not always be the highest-profile segment of the seafood industry, but given that feed is typically farmersโ biggest expense, itโs usually a top concern.
Aquacultureโs growth is spurring concerns about the use of forage fish to produce fishmeal and fish oil and encouraging the development of alternative ingredients rich in protein and omega-3 fatty acids. This drove rapid innovation in the feed sector in 2019 as entrepreneurs and established players sought to cash in on the sectorโs promise.
Undercurrent News was the first to report on many of these developments, which you can review in our recap below:
January
The fishmeal markets began 2019 on a bearish note as global supplies got a boost amid strong anchovy landings in Peru even though fishmeal stockpiles in China saw lower demand due to an outbreak of African swine fever. Sources told Undercurrent that Peruvian superprime fishmeal prices, ex-warehouse, Shanghai, China, averaged CNY 10,700 per metric ton ($1,566/t) in January, down CNY 1,200/t from mid-October 2018