Fish meal prices for aquaculture climbing 30% on rising sea temperatures and decreasing landings
SEAFOODNEWS.COM [Japan reports] Tokyo June 24, 2014
The international price of fish meal--major feed for farmed fish such as yellowtail and sea bream--is now on an uptrend.
The price for Peruvian fish meal--that serves as international benchmark--for shipment in July-August now stand at $1,900-2,000, a level 30-40% higher than last fall when production of farmed shrimp shrank around the world under the impact of widespread farm diseases.
On the western coast of South America, there are signs for El Nino—a phenomenon causing the rise in sea water temperatures--that is causing reduction in the landings of anchovy, a species constituting a major material for fish meal.
Japan is importing bulk of fish meal it uses for fish aquaculture...
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