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Peru's fishmeal industry is waiting for the government to set the anchovy quota as the national biomass survey begins. Producers are looking to the quota decision to plan the next fishing season.
Peruvian anchovy is a main source of global fishmeal, so a delayed or small quota would tighten fishmeal supply and support prices for feed buyers.
undercurrentnews.comMatilde MereghettiApr 20, 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.
