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IFFO reported that about 66% of Peru's second fishing season quota had been landed by December 21. Global cumulative fishmeal output for the first ten months of 2023 was down about 22% year on year, mainly due to a 60% drop in Peru linked to El Niño.
Tight Peruvian supply keeps global fishmeal availability constrained, supporting prices for feed buyers despite weaker Chinese demand.
aquafeed.comAquafeed Media SLUDec 22, 2023Not 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.
