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Fishmeal prices are firming as buoyant demand meets Peru's fulfilment of its anchovy quota. Unfulfilled contracts from earlier demand and a large cut in Chinese pork production are supporting prices.
Peruvian plants have enough supply to meet current orders.
Strong Chinese demand for feed protein combined with adequate Peruvian supply points to firm fishmeal prices, which support substitute protein costs for feed buyers.
intrafish.comJohn EvansJul 23, 2020Not enough comparable past events yet for a historical read.
Not 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.
