A federal discussion paper asks the North Pacific Fishery Management Council how broadly Alaska processors may turn undonated prohibited species catch, such as halibut, salmon, crab and herring, into fish meal, oil and bone meal. The council takes up the question at its December 4-9 meeting, and any rule change would come later.
If processors are allowed to convert bycatch that is now dumped at sea into fishmeal, extra supply could weigh slightly on fishmeal prices. The effect is small and depends on volumes and on a future rule that has not been adopted.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.