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Peru's anchovy catch in the latest season has recovered after El Niño dispersed fish in 2023, which produced the lowest harvest since 2015/2016. A second fishing season appears imminent, easing shortages of EPA and DHA omega-3 raw material.
Peruvian anchovy supplies underpin roughly 70% of global EPA/DHA and a large share of fishmeal and fish oil; a recovery eases fishmeal and fish oil prices that feed aquaculture and livestock rations.
supplysidesj.comHank SchultzSep 27, 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.
