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Russian pollock and herring fishmeal prices may return to about $3,000 per ton from November. Peru confirmed on October 16 that it will not open a second anchovy season, after El Niño-linked warm waters disrupted the first season, and Chinese catches have not replenished stocks.
Tighter global fishmeal supply from Peru and China supports fishmeal prices, which raises the cost of protein inputs for feed formulators and can lift soymeal demand as a substitute.
tridge.comOct 19, 2026Not enough comparable past events yet for a historical read.
After 453 past bullish weather events, SBM moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
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.
