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Peru's Ministry of Production closed the second 2024 anchovy season on January 23 after catches reached about 2.42 million MT, or 96.4% of the 2.51 million MT quota in the North-Central Zone. The closure followed IMARPE studies showing evident reproductive activity, so the season was ended to protect spawning.
Catches near the full quota add to fishmeal and fish oil supply during a year of sharply reduced Peruvian output, which supports fishmeal prices and firms up the feed protein complex.
seafoodnews.comJan 23, 2024Not enough comparable past events yet for a historical read.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
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.
