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Peru's fishmeal industry faced poor volumes in 2023 and early 2024 as El Niño disrupted fishing seasons, with some seasons ending early. The second anchovy season delivered moderate volumes, while part of the catch went to higher-priced fresh and frozen products.
Scarce fishmeal supply, with catch diverted to fresh and frozen markets, points to stable to higher fishmeal prices for feed buyers.
tridge.comGonzalo EstevezJan 9, 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.
