Rabobank projects global soybean price crash as feed sector heads for record surplus
With the US, Brazil and Argentina all heading for excellent, if not record, soybean crops, the price of soymeal is set to plummet in the next 12 months, likely dragging fishmeal down with it
Nueva Pescanova proposes €73m capital increase amid financial turnaround
Spanish seafood group Nueva Pescanova's board of directors will propose a capital increase of €72.6 million at the upcoming general shareholders' meeting, the firm said
Peru’s seafood sales record triple-digit growth powered by surge in fishmeal, fish oil demand
In June 2024, Peru exported some 217,400t of fishery products worth $469.2m, up by 256.3% and 189.7%, respectively, y-o-y
Salmon, trout, squid boost Chilean seafood exports, but overall growth stalls
Chile exported $785 million worth of seafood in July 2024, barely more than was imported in July 2023, but it could've been a better month, based on a ProChile report
Norway’s Austevoll buoyed by Peru’s anchovy recovery
Norwegian seafood company Austevoll Seafood reported a major turnaround in the second quarter for its Peruvian subsidiary Austral Group
Fishmeal prices in China down $200/t but market quiet
Fishmeal prices continue to decline in China but buying activity at source in Peru remains quiet
Fishmeal prices continue to fall in China on improved supply
Peru's successful first anchovy fishing season has improved supply conditions, industry sources report
Peru closes first anchovy fishing season
Peru's production ministry announced the closure of the first anchovy fishing season for the north/central region, with 98.2% of the assigned quota successfully caught
Peru seafood export plummet magnifies dependency on China
Peru witnessed a significant decline in its seafood exports in April, sending out just 48,700 metric tons worth $135.1 million, 68.7% less volume and 58.4% less value year-on-year
NGOs urge Norwegian gov’t to ban fish oil sourced from West Africa
A significant share of the fish oil used in Norway's salmon sector is sourced from West Africa, contributing to food security in the region