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Peru's Ministry of Production closed the first north-central anchovy season with total catch of 2.34 million MT, or 84.06% of the 2.79 million MT TAC. Challenging weather, oceanographic conditions and juvenile fish bans limited landings, though catch was well above 2021's season.
Shortfall versus quota tightens near-term fishmeal supply from Peru, the world's largest supplier, supporting fishmeal and feed protein prices for buyers.
seafoodsource.comChristian Molinari News » Supply, TradeJul 27, 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.
