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Peru set the first 2023 anchovy season quota at 1.091 million tonnes for the north-central zone, down 60% from last year's 2.79 million tonnes. The start of the season is conditional on exploratory fishing results and a later biomass assessment.
A sharply lower quota cuts fishmeal and fish oil supply from the world's largest producer, supporting fishmeal prices and raising demand for soybean meal as a replacement.
worldfishing.netOPTIMAR ASJun 6, 2023Not enough comparable past events yet for a historical read.
After 172 past bullish policy events, SBM 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.
