Loading…
Peru's Production Minister warned the first anchovy season in the north-central waters could be cancelled. Such a closure would remove millions of tons of anchoveta from the fishmeal supply chain.
Peru supplies roughly 20% of global fishmeal, so a cancelled season would tighten fishmeal supply and push up feed ingredient costs for aquaculture and livestock.
intrafish.comJohn EvansMay 16, 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.
