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Peru's Ministry of Production set the second-season anchovy quota at 2.78 million metric tons. The fishing season is set to open in the north-central area.
A large quota means more Peruvian anchovy for fishmeal and fish oil, which adds supply to a market that feed buyers rely on for protein. That supply increase points to softer fishmeal prices.
undercurrentnews.comLouis HarkellNov 8, 2020Not 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.
