El Nino phenomenon to cause losses of $600m in fishmeal exports, says Produce
Fishmeal prices are hitting their highest levels since March 2015
Aquafeed industry looks ‘desperately’ for alternative ingredients to meet growing demand
The aquaculture industry continues to seek new alternatives to existing ingredients for fish feed, according to experts at May's Blue Food Innovation Summit
Nufarm’s canola oil approved by Norway for aquafeed use
Nufarm, which produces an omega-3 oil derived from canola plantations, claims that one to two hectares of canola can produce as much oil as 10t of wild-caught fish
Blumar posts 32% Q1 earnings hike due to greater sales, higher salmon prices
Chilean firm Blumar's Q1 revenues rose 23% year-on-year to $182.4 million, while its Q1 EBITDA rose 32% to $439.5m
South Africa’s Oceana boosts profits, sales despite ‘challenging’ environment
South Africa's Oceana reported strong interim results on the back of increased sales volumes and high fishmeal and fish oil prices for its South African and US-based fishing operations
Peruvian fishmeal prices ‘down psychologically’ after quota announcement, says trader
James Frank, managing director of Peruvian fishmeal trading company, MSICeres, told Undercurrent News the announcement was a relief for buyers and sellers who had pre-bought and sold large volumes of fishmeal from the first fishing season
Agri-titan Scoular chases booming pet food market with frozen fish facility acquisition
Global agribusiness titan Scoular is making good on its promise of aggressive growth and has sunk its claws deeper into the US seafood-based pet food market
Global marine ingredient market clouded by uncertainty over Peru anchovy season delay
There is great uncertainty concerning global fishmeal and fish oil production in 2023, with Peru deeply affected by adverse weather conditions and a delayed first anchovy fishing season
Mixed Q1 for Austevoll’s pelagic arms on ‘challenging’ Peru conditions
The pelagic divisions of Austevoll Seafood Group, which includes Austral Group in Peru and Pelagia in Norway, reported a mixed first quarter on diverging conditions in respective geographies
Rising demand, erratic supply boost fish oil prices, enhance appeal of other omega-3 sources
Record fish oil prices and a trend toward cheaper algal oils are helping make these sources more desirable, said Aldo Bernasconi of the Global Organization for EPA and DHA Omega-3s