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Peru's Ministry of Production set the first anchovy season quota for the North-Central zone at 2.51 million tonnes, the highest in three years. By June 30, about 91% of the quota had been landed, and fishmeal and fish oil output in the first half of 2021 rose sharply year on year.
A large, well-supplied Peruvian catch lifts global fishmeal and fish oil supply, easing feed protein costs for buyers. Strong Peruvian output is supportive of bearish pressure on fishmeal prices.
fao.orgOct 25, 2021Not 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.
