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IFFO says fishmeal supply from other countries will determine the market if Peru's pivotal anchovy season is cancelled. Expectations of a low quota have already lifted fishmeal and fish oil prices.
A possible shortfall of about 2 million metric tons would force buyers to source from other origins, keeping fishmeal and fish oil prices firm.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.