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Anchovy landings from the Peruvian season fell short of expectations, reducing near-term fishmeal output. Analysts say structural changes in China's pig industry will have a larger effect on fishmeal prices over time.
Short-run supply loss supports fishmeal, but demand shifts from China's hog sector will likely decide the price direction, so buyers should watch Chinese pork production.
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.