Weekly grain and protein report in the United States ending February 13th
The second part of protein (continuation of the previous post)
fish powder
Due to the holiday of the Chinese market, no commercial activities were carried out in this field. On the other hand, considering that the only reserves left for sale are related to the previous catch, so producers do not accept any new orders; So, we should wait for the exciting news of the market in this field.
Marine explorations for the analysis of biomass in southern Peru are currently underway, and no one knows that this year in southern Peru it will be possible to catch fish like last year; But it is expected that there will be no change in the law prohibiting fishing in the 5-mile limit. On the other hand, no one is excited about fishing in the south, as a look at this week’s statistics released by MSI Ceres shows that there hasn’t been much in the way of southern fishing since 2011. Except for 2020, when the fish catch was zero, from 5 years ago, the total fish catch reached 50,000 tons, which is only about 12,000 tons of fish meal.
Speculations about the quota of fishing in the north are still at the level of 2.5 to 3 million tons, which is within the quotas of the last 15 years. This week, MSI Ceres also had a look at the increase in the price of containers for shipping and the difficult shipping conditions for exporting fishmeal. Considering that most of the pre-purchased transactions for the next fishing season are carried out by CNF shipping method, therefore, shipping companies will find that they offer low shipping prices to buyers and as a result, they have to attract higher shipping prices. Instead, it will increase the costs again.
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