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Rabobank expects fishmeal and fish oil prices to stay high if El Niño persists for longer than expected. The bank cites the impact of the weather event on Peruvian output.
A prolonged El Niño would keep Peruvian fishmeal supply constrained, supporting high prices for feed buyers.
undercurrentnews.comMatilde MereghettiDec 4, 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.
