Peru has again extended its anchovy fishing suspension in the northern maritime zone, with no reopening date announced. Authorities cite warm water and a high share of juvenile anchovy in catches.
Repeated suspensions keep fishmeal and fish oil supply tight, supporting prices for marine protein used in feed and sustaining substitution demand for soymeal.
Not enough comparable past events yet for a historical read.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% 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.