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According to IMARPE data cited by MAREX, more than 815,000 mt were landed in the north-central region from November 7 to December 4 in the second 2025 season. That is over 50% of the 1.63 million mt authorised quota, with average oil yield at 3.9%.
Rapid landings past the halfway mark point to steady fishmeal output in the near term, which tends to cap upside in fishmeal prices and keeps feed protein supply comfortable.
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.