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Industry members have asked for Peru's second fishing season to be suspended due to high catches of juvenile anchovy. The request follows concerns about stock health during the season.
A suspension would remove a key source of fishmeal supply for the season, which would tighten global protein meal markets and support prices.
undercurrentnews.comNov 27, 2023Not enough comparable past events yet for a historical read.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% 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.
