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Peru's Ministry of Production reported that the first north-central anchovy season ended with 2,461,568 tons landed, 98.1% of the 2.5 million ton quota. The catch is expected to yield 696,300 tons of fishmeal and generated $1,065 million in fishmeal and oil exports.
Landings were 4.1% above the first season of 2020.
A larger-than-last-year catch adds meaningful fishmeal supply to global feed markets, which is bearish for prices. Strong export revenue confirms a sizable flow of product to buyers.
aquafeed.comAquafeed Media SLUAug 27, 2021aquafeed.comAquafeed Media SLUAug 27, 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.
