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Peru's Ministry of Production authorized a seven-day exploratory fishing exercise starting June 3 ahead of the first 2023 anchovy season, with a preliminary north-central quota of 1.091 million tons. IFFO data showed cumulative fishmeal output in the first four months of 2023 up 30% year on year, driven by Peru.
Peru's preliminary quota is well below 2022, which tightens fishmeal supply expectations, though strong early-year Peruvian output provides some offset.
aquafeed.comAquafeed Media SLUJun 2, 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.
