The FIFO ratio describes the amount of wild fish that is needed to produce farmed fish. For example, a FIFO ratio of 0.5 indicates that 0.5 kg of wild fish are needed to produce 1 kg of farmed fish. ). It is calculated for closed cycles on a 12 month rolling basis; updated quarterly.
fish in : fish out ratio | = | % fishmeal + % fish oil in feed |
(fishmeal yield + fish oil yield)(29) x FCRe |