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Peru is landing more than 45,000 tonnes of anchovy per day for indirect human consumption, using 355 vessels daily. Landings had reached 1,687,309 tonnes by early June, or 56.24% of the 3 million tonne quota, the second highest in 13 years.
Produce expects the season to end successfully based on IMARPE biomass assessments.
Fast landings bring fishmeal supply to market quickly, which can weigh on prices in the near term. A strong quota fill points to ample global fishmeal supply.
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.