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Peruvian fishmeal supplies rose enough to more than offset production declines in other regions, including Europe, according to industry reporting. The second Peruvian season closed in January with 96.5% of its quota harvested.
A global fishmeal supply rebound eases tightness in a key protein ingredient for feed, supporting lower fishmeal prices.
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.