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Peru's fishmeal and fish oil exports reached $1.1 billion in the first half of 2022. Anchovy landings were down 25% over the same period.
Lower anchovy landings constrain Peruvian fishmeal output, one of the largest global protein meal sources, which supports fishmeal prices. Soymeal and other protein meals may see firmer demand as substitutes.
undercurrentnews.comMaría FeijóoAug 15, 2022Not enough comparable past events yet for a historical read.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
