Risk assessment plays a role here as well. A highly fertile pond may be at greater risk of a fish kill with lower quality feed. To be fair, even high quality feed might increase this risk somewhat due to larger numbers of fish, assuming that harvest is too low.
While some things seem pretty clear, there's no getting around It Depends!
7ac 2015 CNBG RES FHM 2016 TP FLMB 2017 NLMB GSH L 2018 TP & 70 HSB PK 2019 TP RBT 2020 TFS TP 25 HSB 250 F1,L,RBT -206 2021 TFS TP GSH L,-312 2022 GSH TP CR TFS RBT -234, 2023 BG TP TFS NLMB, -160
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