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The Peruvian fishmeal supply shortfall for week 19 widened to 75,000 tonnes as the fishing fleet stayed idle. The gap reflects the ongoing fishing halt.
A growing weekly shortfall reduces available fishmeal for export and supports higher prices for the protein-meal complex. Buyers may turn to soybean meal to cover the gap.
Not enough comparable past events yet for a historical read.
After 172 past bullish policy events, SBM 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.