Loading…
Global fishmeal and fish oil output has dropped after Peru cancelled its main north-central anchovy season in June 2023. IFFO says fishmeal output through May was down 10% year over year, with Peru down about 50% and fish oil down 22%.
Peru is the largest reduction fishery in the world, so the loss of its season tightens global fishmeal and fish oil supply and supports higher prices for feed buyers.
seafoodsource.comSeafoodSourceAug 1, 2023Not enough comparable past events yet for a historical read.
After 67 past bullish disease events, SBM moved a median -0.2% over 5 sessions (46% higher; middle half -1.7% to +1.9%), and +0.4% 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.
