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Peru's fishmeal sales rose sharply in 2024, a four-digit percentage gain, as supply recovered from last year's anchovy shortage. The article ties the rebound to the stronger anchovy catch this season.
Higher Peruvian fishmeal sales point to more available protein meal for feed buyers, which tends to cap prices. The effect is modest because the story describes a recovery in sales rather than a new supply shock.
undercurrentnews.comMaría FeijóoNov 4, 2024Not 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.
