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Peru has set a new quota for its inshore anchovy fishery amid growing concern about the high share of juvenile fish in catches. The move follows earlier season suspensions tied to juvenile-heavy schools.
Peru's anchovy catch is the main input for fishmeal and fish oil, so a tighter or delayed quota reduces global fishmeal supply and tends to support fishmeal prices used in feed.
undercurrentnews.comMatilde MereghettiDec 18, 2023Not enough comparable past events yet for a historical read.
After 206 past neutral policy events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.3% to +1.8%), and -0.7% 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.
