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Fishing and fishmeal processors hope the rebound in Peruvian anchovy harvests continues into the second season. Peru supplies about one-fifth of global fishmeal in an average year, and its quotas are closely watched by the fishmeal and aquaculture industries.
A recovering Peruvian supply supports a stable-to-softer fishmeal price outlook, which lowers feed costs for aquaculture and pig producers.
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.