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IFFO's webinar covered fishmeal and fish oil trends in China, Peru, Mexico and Europe. It noted Peru's 2.283 million tonne quota for the second anchovy season set on 23 November 2022, and that about 5 million tonnes of fishmeal and 1.2 million tonnes of fish oil were produced in 2021.
A fixed Peruvian anchovy quota sets the main global supply of fishmeal and fish oil for the season, so it shapes fishmeal and oil prices that feed buyers pay.
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.