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A FAO fisheries market update says COVID-19 cut Alaska pollock production and tightened supply, mainly for Europe. It also reports that Peru's north-central anchovy season opened with a quota of 2.51 million metric tons.
Tighter pollock supply supports whitefish meal and fishmeal demand, while a large Peruvian anchovy quota adds fishmeal supply and tends to pressure prices.
fao.orgJul 16, 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.
