IFFO's Monthly Update constitutes a key communications tool for the marine ingredients industry and its main players. This report is dedicated to the needs of IFFO's members, bringing together industry news and insights from our diverse network.
Our Members’ Meeting in Madrid, followed by the IFFO workshop in Zhuhai (China), gave all our members and delegates a very detailed overview of the marine ingredients market and quality trends as well as deep insights on climate change impacts and the way to keep improving our contribution to the Sustainable Development Goals (SDGs).
As of now 54.5 percent of the world’s fishmeal production is IFFO RS certified and the industry is actively working to increase that number: fishery improvement projects (FIPs) will be an important tool in driving this number even further upwards and IFFO is working hand in hand with IFFO RS in looking at ways to facilitate the process for fisheries to engage in FIPs. No other major natural feed ingredient can claim such a high level of certification! IFFO RS is also currently working on enhancing the IFFO RS standard and Improver Programme to take into account the challenges in the management of multi-species fisheries in which sometimes hundreds of species are regularly caught. This pioneering approach aims at providing a robust framework and clear guidance on expectations, in line with the recommendations which were made in the IFFO / GAA study on South East Asian fisheries.
Success rests on collaboration with all stakeholders and a better understanding of their expectations and the constraints they face. The workshop that IFFO held in China in May, open to journalists, NGOs, academics and representatives of the industry, is a very good example of what can be achieved to gain a better knowledge on emerging trends in this instance covering the importance of fishmeal quality and supply chain integrity.
The same consideration led me to take part in a panel at the 2019 IntraFish Seafood Investor Forum in New York City where we discussed the roles of the feed ingredient and aquafeed sectors in supporting the growth of the aquaculture industry. I am convinced that a continued contribution to these discussions will allow our stakeholders to capture the importance of fishmeal’s and fish oil’s contribution to aquaculture, a vital and sustainable segment of the global seafood market as the world’s population is growing.
Petter Martin Johannessen
As part of the Marine Ingredients Industry’s commitment to contributing to the United Nations’ Sustainable Development Goals, I am proud to announce that IFFO and the Global Aquaculture Alliance have just released the findings of a project on the South East Asian fishmeal industry. Through this study and the author’s main recommendations, IFFO helps fill information gaps, in particular in Thailand and Vietnam, and supports the development of best practices in fisheries management.
The report highlights the fishery management plans set up by the government of Thailand. However, IFFO is keen to see some further positive change and firmly believe that Fishery improvement Projects (FIPs) should be encouraged as the key mechanism to support the implementation of management plans.
Collaboration and proactivity, rather than biased campaigns based on misinterpreted data, are essential to tackle the existing challenges in the responsible sourcing of material for fishmeal and fish oil production, although as a reflection of the total volume of supply, these are minor.
IFFO remains committed to facilitating the process for fisheries to engage in improvement processes, sharing knowledge with its Members and all the relevant stakeholders and developing further research to maintain an evidence-based approach.
Members will meet in Madrid on May 3-4. We reached another record with 163 delegates registered from 27 countries. I look forward to seeing all of you very soon!
Petter Martin Johannessen
As the World Water Day was celebrated around the world on March 22nd, there is a growing awareness of our ocean’s fundamental importance to all life on earth. Oceans are home to millions of species and are playing a specific role as global ecological regulator, in climate regulation and in food security.
Tangible commitments towards more sustainability were displayed during the events that took place recently in Bergen, Bangkok, Boston, and Wuzhen City. With novel ingredients entering the market, marine ingredients were presented as very well positioned for the long run as feed ingredients. With the industry’s responsibly sourced raw materials for fish meal and fish oil, the high level of certification and unmatched nutritional performance, fish meal and fish oil provide steady commercial raw material volumes to the feed industry and represent a strategic basis for growth in aquaculture.
A key phrase that was reported throughout the Global Feed and Food Congress in Bangkok was: “We can only manage what we can measure”. IFFO fully endorses this statement to drive forward change and the global food system is on the edge of a digital revolution, as we report from Bangkok. Let’s be inspired!
Welcome to IFFO’s new look newsletter! As usual, you’ll receive it every month: it'll keep you informed on IFFO’s actions to promote the marine ingredients industry and will link you to the most relevant news related to the industry. This e-newsletter will be easier to read: no more downloads and an overview of the content at the first glance. Feel free to give us your feedback!
February has been marked by the release of Oceana’s report on dark fishmeal” in Peru. We have been in contact with some IFFO Members and with Peru's National Fisheries Society (SNP) on this topic and published a position paper which has been sent to all our members. We recommend the adoption of the IFFO Responsible Supply scheme, which is the only fishmeal plant certification scheme, in tackling raw material supply issues. Our paper has also been an opportunity to provide background on how this anchovy catch of approximately 150,000 tonnes could have ended up as fishmeal rather than food. Our intention is clearly not to justify illegal activities in fisheries supplying raw material for fishmeal manufacture, but to make media and stakeholders aware that there is a very limited demand for these species for human consumption. Despite years of marketing and promotion by government and independent activists, the consumption of Anchoveta in Peru for human consumption is still extremely low at around 2% of the catch, leaving a significant surplus.
Petter Martin Johannessen
The New Year at IFFO is a time for surveys and reports, which allow us to plan for the future. Another essential tool for us to make sure we are giving members the service they deserve is to get to know the local context of the industry through meetings with the members in their own countries as well as technical visits. This was the aim of the trip to Iceland I went for together with Neil Auchterlonie, IFFO’s technical director.
The Icelandic fisheries sector has been one of the mainstays of the Icelandic economy for years and years, both as its main food supply and its chief export product. More than 10,000 people are directly employed by the fisheries industry and its production facilities represent the state of the art in fisheries technology, with 110,000 mt of fishmeal and 45,000 mt of fish oil produced on average per year. More on this in this newsletter with Neil Auchterlonie’s report (below).
Trips like this one are a wonderful opportunity to discuss technical and regulatory challenges faced by IFFO Members. IFFO is currently working on technical projects such as the one related to antioxidants, initiated in response to the reauthorization of ethoxyquin in the EU and the need for alternative antioxidant products. A decision about ethoxyquin by the EU should be made in the coming months. IFFO is also maintaining a watching brief on the topic of plastic in the marine environment and continues working on fishmeal quality and salmon nutrition as well as on FM quality and fed species.
Don’t miss this chance to hear updates on IFFO’s latest news on regulatory issues and nutritional value of marine ingredients in feed as well as market trends since registrations for the 2019 Members Meeting in Madrid are now open!