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Undercurrent News reports that Peruvian anchovy landings fell in December as harvests were reduced for fishmeal and fish oil production. The lower catch reflects the reduced Peruvian quota and output in the late-2022 season.
Lower Peruvian landings reduce the supply of fishmeal available to feed buyers, which supports prices for the benchmark protein.
undercurrentnews.comMaría FeijóoMar 2, 2023Not 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.
