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IFFO data show Peru's North-Central anchovy catch was lower in Q1 2024 because the 2023 season started early and the quota was below average. Chile, the US and African countries are reporting positive fishmeal production trends.
The year-on-year drop is largely a timing effect, so the comparison overstates the tightness of supply and limits how far prices should rise.
fishfarmingexpert.comEditorial teamMay 10, 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.
