Peru's Ministry of Production announced the cancellation of the first anchovy fishing season in the north-central region after Imarpe found no biological conditions for fishing. The resource will be reassessed in two to three weeks, and the ministry will consult the industry on employment impacts.
The cancellation removes near-term fishmeal output from Peru, the largest source of supply, supporting fishmeal prices and feed-protein demand for soymeal.
Not 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.