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Peru's fishing industry is pushing for an early launch of the anchovy season because ENFEN has warned of a coastal El Niño bringing heavy rain and possible flooding. Companies such as PRODUMAR are adding unplanned capex to protect facilities.
The fishery could see a sharp drop in catch if conditions worsen.
A coastal El Niño threatens anchovy catch and fishmeal output, which would tighten supply of a key feed protein ingredient.
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.