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Peru has set the highest quota for the Pacific anchovy fishery since 2011. The announcement points to a larger catch for the coming season.
A larger anchovy quota means more fishmeal supply, which analysts expect to push fishmeal prices lower.
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.