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Undercurrent News' COVID-19 recap for August 4 reported that China will import 40,000 tonnes less salmon and that fishmeal production is recovering. The item also covered pandemic effects on US Foods.
A recovery in fishmeal production adds supply, which tends to ease fishmeal prices, though the salmon import cut is a minor demand factor.
undercurrentnews.comJason SmithAug 5, 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.
