Why Fish Feed Prices Have Reached Record Highs

Fish feed has always been the highest operational cost to a farmer, and depending on the species, it can range anywhere from 50-70% of the total of the production cost to a farmer, meaning that from all the expenses a farmer needs to analyze, feed is always the number 1 priority. And since December of 2021, we’ve seen the commodity price of fishmeal climb steadily almost 30% from $1.4k / metric ton to the last reported price of $1.8k metric ton. This is the result of a few different factors.