More fishmeal to feed Chinese pigs
Peruvian TecnolÃ³gica de Alimentos (TASA), the world's
no 1 fishmeal producer, expects its exports to jump 33% this year to $400
million, thanks to increased production and growing demand from China during its
Year of the Pig.
China is expected to purchase more fishmeal to use as livestock feed as
demand for pork grows during Year of the Pig celebrations, according to Humberto
Speziani of TASA.
He said global fishmeal prices could increase as
much $50 a tonne this year from a current $1,200 a
Peru is the world's biggest producer of
fishmeal, accounting for about 30% of global production.
operates 16 fish processing plants, the last inaugurated in January, with a
output capacity to produce 455 tonnes a day of frozen mackerel.
2006, exports were $300 million and this year we could reach $400 million in
fishmeal, oil, frozen and canned foods (exports)," according to
Fishmeal, processed by TASA mainly from
anchovies caught in the Pacific, is a feed supplement high in protein and can be
used in livestock, including pork, and poultry feed like soymeal.
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