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The International Fishmeal and Fish Oil Organisation (IFFO) reports that Peru's fishing problems have reduced global fishmeal and fish oil production. The report points to lower output as the main driver of the decline.
A global fishmeal and oil production dip driven by Peru tightens supply for feed buyers, supporting fishmeal prices.
undercurrentnews.comDec 28, 2023Not enough comparable past events yet for a historical read.
After 66 past neutral report events, Palm Oil moved a median +0.2% over 5 sessions (58% higher; middle half -0.4% to +2.0%), and +2.2% 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.
