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Peruvian fishmeal and fish oil prices kept rising in May 2023 on fears of El Niño. Market participants expect supply constraints from the weather-driven fishery disruption.
Rising fishmeal and fish oil prices raise feed formulation costs for aquaculture and pig and poultry producers, and could increase demand for soymeal substitutes.
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.