# Rabobank: Easing El Nino contributes to positive fishmeal outlook - Undercurrent News

> Rabobank says easing El Niño conditions are supporting a more positive outlook for fishmeal. Improved ocean conditions are expected to help anchovy catches recover.

- Date: 2024-01-19 · published 2024-01-19T12:00:00.000Z
- Category: weather · region Peru · magnitude low
- Page: https://feedsoft.ai/events/32210-rabobank-easing-el-nino-contributes-to-positive-fishmeal-outlook-undercurrent
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Expected recovery in anchovy landings would add fishmeal supply over time, which could ease prices that have been elevated by the El Niño-driven shortfall.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2024/01/19/rabobank-el-ninos-easing-contributes-to-positive-fishmeal-outlook/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.