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Peru's first anchovy season has been described as a success, with the catch closing out for the year. Fishmeal markets are seen as uncertain going into the second half.
Rebounding pig herds in China after African swine fever may influence demand later in the year.
A successful Peruvian catch adds fishmeal supply, which tends to weigh on prices. Recovering Chinese pig herds could lift demand for feed protein, so the net direction is unclear.
intrafish.comJohn EvansAug 12, 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.
