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Investigative Journalism
Sept 26 - 2024
EN Global
Why Fish Feed Prices Have Reached Record Highs
Manolin
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.