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Peruvian fishmeal producer Austral expressed optimism about the upcoming anchovy season. The company's outlook points to expectations of a productive fishing period.
Positive producer expectations signal stronger expected fishmeal output, which can weigh on prices. The outlook reinforces the view that supply will be ample this season.
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.