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Peru set the total allowable catch for the second north-central anchovy season at 2.28 million metric tons, with fishing opening in late November 2022. The season closes once the quota is reached or earlier if Imarpe recommends it.
A larger anchovy quota means more fishmeal and fish oil supply from Peru, the world's largest reduction fishery, which pressures fishmeal prices lower.
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.