Peru's fishing shutdown is expected to keep the global fishmeal market tight into 2027. Trade flows and supply patterns are being reshaped as a result.
Extended shortage of Peruvian fishmeal keeps prices elevated and encourages buyers to shift demand to plant-based proteins, supporting soymeal and canola meal values.
Not enough comparable past events yet for a historical read.
After 67 past bullish disease events, Soybean Meal moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.9%), and +0.4% over 20.
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.