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Peru's successful anchovy seasons offset reduced fishmeal and fish oil output elsewhere, per IFFO. Cumulative fishmeal output rose nearly 16 percent in the first 11 months of 2024 after Peru's 2023 season cancellation.
Stronger Peruvian supply eases the global fishmeal and fish oil tightness, which tends to keep prices contained for feed formulators.
seafoodsource.comSeafoodSourceFeb 1, 2025Not enough comparable past events yet for a historical read.
After 114 past neutral report events, Soybean Oil moved a median +0.1% over 5 sessions (52% higher; middle half -1.7% to +1.4%), and +0.5% over 20.
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.
