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Austevoll's Peruvian fishmeal subsidiary reported a sharp rise in earnings, driven by higher anchovy catches and sales in the second quarter. Its Chilean Foodcorp arm also saw higher horse mackerel catches, though its earnings dipped.
Strong anchovy landings point to ample fishmeal supply from a major producer, which is mildly bearish for fishmeal prices. The effect is limited because this is one company's results.
intrafish.comJohn EvansAug 20, 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.
