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Peru reported sea warming off its central coast, and an acoustic research cruise for the North-Centre first fishing season of 2024 faces delays from adverse weather. Chile's available raw material rose 40% week-on-week, and Northern Europe landings increased in W6.
Warming waters and delayed Peruvian fishing reduce near-term fishmeal supply, which supports already high fishmeal prices and firms costs for aquafeed buyers.
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.