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Rabobank analysts say the global fishmeal market is hard to read despite Peru's high anchovy quota. Contrasting forces make the direction of prices unclear, according to Senior Analyst Gorjan Nikolik.
Buyers face uncertain fishmeal price direction, so hedging and purchase timing decisions carry more risk than the large quota alone would suggest.
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.