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An aquafeed series explains that Peru cancelled its first anchovy season in June, leaving fishmeal and fish oil prices high. The second season authorised in October is expected to bring some relief, and alternatives such as soybean meal are gaining interest.
Shifting feed formulations toward soybean meal could add demand for soy products while the second Peruvian season limits fishmeal price increases.
Not enough comparable past events yet for a historical read.
Not 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.