
Over half of Peru's anchovy quota has been landed, but high catches of juvenile fish and bad weather are slowing fishing. Industry officials warn that juvenile catches could end the season before the full quota is harvested.
A premature season end would cut fishmeal and fish oil supply below expectations, pushing prices higher and tightening protein feed availability.
Not enough comparable past events yet for a historical read.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% 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.