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Peruvian fishmeal production is expected to take longer than the second half of 2024 to recover. The article focuses on the slow pace of output rebound after the 2023 El Niño-related losses.
A prolonged output shortfall keeps fishmeal supply tight and supports prices, limiting how far they can fall. Buyers should expect elevated marine protein costs into late 2024.
undercurrentnews.comMatilde MereghettiFeb 26, 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.
