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Super prime fishmeal prices in China have hit record levels as Peru's supply shortfall is expected to persist into 2027. Peruvian anchovy catches are constrained, tightening the global fishmeal market.
A prolonged Peruvian supply gap keeps fishmeal scarce and expensive, supporting prices for aquafeed and livestock feed buyers and pulling demand toward substitutes like soybean meal.
Not enough comparable past events yet for a historical read.
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.