Peru's Production Ministry extended its suspension of anchovy fishing in the North-Central zone again, with no firm end date set. Officials said the ban may be lifted fully, partially or gradually depending on Imarpe assessments.
Landings to June 3 were 471,111 tons, only 24.6% of the season's TAC, with over half the catch juvenile fish.
Peru supplies about 20% of global fishmeal, so a prolonged halt tightens fishmeal supply and supports prices. Buyers may turn to soymeal as a substitute, which lifts soybean meal demand.
Not enough comparable past events yet for a historical read.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
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.