Loading…

Peru called an early halt to its north-central anchovy fishing season, and fishmeal production has been constrained so far in 2025. Both supply and demand have been limited this year.
The early closure is the main recent supply event.
Lower Peruvian landings reduce global fishmeal availability during a period of already limited output. This supports higher fishmeal prices and firm demand for alternative protein meals.
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.