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Fishmeal prices in China rose after Peru closed its first north-central anchovy season early, due to high numbers of juvenile fish in catches. Peru's authorities had already passed the 80% quota mark for the season.
The early closure removes a significant share of expected fishmeal output.
Peru is the largest fishmeal exporter, so an early season end tightens global supply and supports feed protein prices. Buyers should expect firmer fishmeal costs while the southern season ramps up.
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.