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Peru announced an anchovy quota for the year's first season that represents a significant increase over last year. The fishmeal industry and aquafeed producers closely watch this announcement because Peru is a main swing producer.
A significantly higher Peruvian anchovy quota points to more fishmeal supply, which is bearish for fishmeal prices and feed protein costs.
intrafish.comRachel MutterMay 2, 2022Not 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.
