Fish meal sector remains unstable

Over the past years, producers have been facing numerous challenges, one of which is production. Last year 2004 was not an exception, although globally it improved significantly compared with the previous year 2003. But, again, the challenges come from many fronts, both production and market wise. And contrasts between the reality of the short term difficulties and the long term prospects remain visible. In this article Jean-François Mittaine, Commercial Director of the International Fishmeal and Fish oil Organisation (IFFO) examines the state of the international market.

Over the past years, producers have been facing numerous challenges, one of which is production. Last year 2004 was not an exception, although globally it improved significantly compared with the previous year 2003. But, again, the challenges come from many fronts, both production and market wise. And contrasts between the reality of the short term difficulties and the long term prospects remain visible. In this article Jean-François Mittaine, Commercial Director of the International Fishmeal and Fish oil Organisation (IFFO) examines the state of the international market.