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Rabobank's 2023 outlook says fishmeal and fish oil prices have stayed firm, supported by high prices for soymeal and soyoil. Peru has announced an 11.5% winter quota increase to 2.283 million tonnes for December to March.
A larger Peruvian quota adds supply, but firm soymeal and soyoil prices should keep fishmeal supported, so the price outlook is mostly steady with a possible easing later.
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.