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Peruvian anchovy producers expect most of the season's quota to be harvested. Daily catches have averaged about 51,568 metric tons per day according to industry figures.
Peru supplies about one-fifth of global fishmeal.
A near-full harvest of the quota would add meaningful fishmeal supply to a market that has been tight, which is bearish for fishmeal prices and supports lower feed ingredient costs.
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.