One the very first day of IFFO members meeting was opened with market forum presentation on Economic Environment and Commodity Markets by Richard Brock followed by the summary of the members statistics presented by Enrico Bachis. At the concluding session Chile South included a presentation about the effects of the earthquake and tsunami, showing less of a decrease in the 2010 production than had previously been expected.
Andrew Jackson gave his usual update at technical meeting, this time including the Global Standard for Responsible Supply, the Mass Balance of fishmeal & fish oil production and eco-efficiency, Contaminant Legislation in EU and the latest Fishmeal Trials in China. Adam Ismail from GOED then followed with a presentation on EU Omega-3 Health Claims and details of the Californian lawsuit on PCBs in fish oil capsules.
In the evening the delegates plus a dozen companions enjoyed an alfresco dinner after being warmly welcomed by Humberto Speziani in his first IFFO event as President.
Day 2 of the Market Forum started with a China Fishmeal Market Update by Wenpu Jin. It was then the turn of the presentations by the Premium Associate Members, starting with Felipe Ureta from Biomar, showing how the Chilean salmon industry is recovering from the ISA disease.
Adam Ismail from GOED then gave a magnificent presentation on The Future of Fish Oils in the Omega-3 Market. The session concluded with presentations from the aqua feed companies on the current usage trends of fishmeal and fish oil in aquaculture, followed by a summary from the acting chair of the Market Forum, Nils Christian Jensen.
