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Undercurrent News reports that Scotiabank expects Peruvian anchovy catches to approach 5 million metric tons in 2025, maintaining first-half momentum. The forecast cites the Andina report on Scotiabank's Economic Research analysis.
The catch would be a multi-year high.
The expected large Peruvian anchovy catch points to more fishmeal supply, which is bearish for fishmeal prices and may ease protein feed costs.
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.