The majority of fisheries assessed continue to be reasonably well managed or better, but performance has been slowly declining since 2018.
A recent report underlines the gap between the current practices in Senegal and Mauritania and the fishmeal and fish oil industry’s global standards.
The agreement involves grain sourced by Bunge in Brazil and destined for several countries in Asia, where CPF produces and sells feed and food.
"A value chain approach to sustainability is critical to long-term business success, resilience and the industry’s license to operate,” said IFFO’s director general, Petter Martin Johannessen.
Egil Magne Haugstad, CEO of Pelagia, has been elected as president and Eduardo Goycoolea, one of the IFFO founders, as vice president.
The move aims to boost production and reduce dependence on foreign supplies.
A quota of 1.682 million tons has been authorized, 26% below the 2022 quota (2.283 million tons).
It lays the foundations for fully traceable marine ingredients and progresses the standard's focus on environmental and social impacts.
Both fishmeal and fish oil production were down in September 2023 by 28% and 24%, respectively, compared to 2022.
The consortium of seafood companies demands that the coastal states seize their chance to turn the tide on over two decades of unsustainable management.
EUMOFA has released a new report to provide an overview of the fishmeal and fish oil sectors derived from forage fisheries in the European Union.
China’s local demand for fishmeal for the time being remains subdued with an increase in off-takes of imported fishmeal from ports warehouses.
In the last eleven years, European farmers produced more than four million tonnes of sustainable soy, according to Donau Soja/Europe Soya standards.
China’s imports for 2022/23 and 2023/24 have increased on higher crush demand and large shipments from Brazil that are expected to continue into the next marketing year.
The investigation stands as the most extensive in monitoring PFAS levels within fishmeal and will lay the ground for risk management strategies concerning future PFAS levels in feed.
Donau Soja expects an all-time high of EU soy harvest in 2023, an increase of more than 16% compared to 2022 when the total harvest was 9.9 million tonnes.
Coastal state governments with clear, public pledges to sustainable fisheries and the environment are being held to task by the global marketplace for seafood.
In 2023/24, China is projected to remain the world’s largest soybean buyer with imports forecast at 99.0 million tons.
The new exploratory fishing aims to assess the conditions to open a fishing season after the cancellation of the first one.
The tool covers over 92,000 farms and users can see if there are any deforestation indicators associated with farms in their supply chain.