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Peru's second north-central anchovy season opened in early November with a 2.51 million tonne quota, the third-highest in the last decade. Officials said the season is expected to generate about $1.349 billion in foreign exchange and support 49,000 jobs.
The quota sets the volume of Peruvian fishmeal and fish oil available to global feed buyers through the season, so a large quota is bearish for 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.