
Oceana's African fishmeal and fish-oil operation saw production fall 73% and sales volumes drop 72% in the period. The decline came from lower industrial fish landings and reduced pilchard trimmings, despite a 31% rise in average prices in rand terms.
Lower Namibian fishmeal output tightens global supply, supporting fishmeal prices. Higher realized prices partly offset the volume loss for the producer.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.