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Peru's fishery exports roughly halved in May as fishmeal sales fell sharply. The decline points to weak output of fishmeal from the country's anchovy fleet.
A steep fall in Peruvian fishmeal sales signals tighter global supply of this high-protein feed ingredient. Buyers may face higher fishmeal prices and shift toward soymeal.
undercurrentnews.comMaría FeijóoAug 10, 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.
