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The framework of the front sector is an average, not a definitive figure; the result may be higher or lower in local negotiations.

IFFO - The Marine Ingredients Organisation has published its last report that shows global fishmeal and fish oil production trends in 2024.

IFFO figures show global fishmeal production declined by 16%, while fish oil output dropped by 20% in 2023. Meanwhile, China starts 2024 with a slowdown in fishmeal imports.

Dramatic drop in marine ingredients is due to cancellation of Peru's anchovy season, according to the Marine Ingredients Organisation (IFFO).