The objective of this paper is to present a parsimonious forecasting model for the fishmeal price. The focus is on the soybean meal market’s impact on the fish meal price through the soybean meal futures price together with the stocks-to-use as an indicator of demand and supply conditions. A salient...
A food consumption revolution is taking place in Russia. After decades of severe constraints on food consumption options under the communist regime Russian consumers are now adopting new food products - including seafood products - at a high pace. Since Russian consumers have had limited seafood consumption choices before, the...
Fishmeal prices have increased sharply since the mid-2005 and the relationship between the prices of animal and vegetable proteins have become weaker, at least temporarily. This can be explained by a relatively constant fishmeal supply, which have varied around 6-7 million metric tons the last two decades, and an increasing...
Traditional aquaculture has to a large extent used herbivore species with limited requirements for additional feeding. However, in intensive aquaculture production one farm carnivore species like salmon and also feeds herbivore species with fishmeal as this increase growth. This has lead to a growing concern that increased aquaculture production poses...
Russia is experiencing deep structural changes in many areas. For the seafood industry important developments are large increases in household incomes, development of modern super- and hypermarket distribution channels, and product innovations. In the seafood category consumers are adopting new species and new product forms at a rapid rate. Herring...
Increased livestock and aquaculture production can put pressure on the fishmeal market, and thus industrial fisheries stocks, since both of these sectors use fishmeal in their feeds. Data indicate that fishmeal supply has reached a production limit due to limited marine resources. Meanwhile there has been an explosive growth in...
Pursuit of the triple bottom line of economic, community and ecological sustainability has increased the complexity of fishery management; fisheries assessments require new types of data and analysis to guide science-based policy in addition to traditional biological information and modeling. We introduce the Fishery Performance Indicators (FPIs), a broadly applicable...
The rapid growth of aquaculture and concomitant growth in the use of compound aquafeeds have resulted in aquaculture using 35% of global fishmeal and 54% of global fish oil in 2000, up from just 10% and 16% respectively in 1988. Meanwhile, landings of reduction fish have hovered near 30 mmt,...