I'm not sure which mine is- I'll have to check. It did come in a paper bag but I didn't notice it to be oily. The meal itself looks and feels quite dry, but I was feeding it for the protein content rather than the oil anyway- they already get ground flax daily and have super-shiny coats, but the vet felt that they could use some more protein as the pasture and hay in our area is quite low in protein and some trace minerals due to the amount of rain we get. He seemed to think that my horses were a bit small for their age, but he is used to working with Hanoverians and Warmbloods and I have Morgans. I decided to follow his advice anyway as I would like to advantage my horses' growth as much as possible but I found his statement interesting. My boys are in no way underweight or under-developed, in my opinion- they are typical Morgans- compact and not overly tall. The young one who is almost 2 is already well over 15.2hh and still has some growing to do before he fits his legs, so he may well end up at 16 hands or so, which I believe is already quite tall for a Morgan.