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Peru's Ministerial Decree 8/2024-PRODUCE closed the second anchovy season in the North-Centre on January 13, 2024, with about 75% of the 1.682 million ton quota landed. IFFO reports first 11 months 2023 fishmeal output down about 16% and fish oil down nearly 20%, with Chile the only country up year on year.
Reduced fishmeal and fish oil supply from Peru supports marine ingredient prices, keeping feed formulators reliant on soymeal and other protein substitutes.
allfishnews.comTentang PenulisJan 15, 2024Not enough comparable past events yet for a historical read.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.
