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Peru's north-central first anchovy season of 2020 reached 96.7% of its assigned quota, a catch of 2.3 million tons. The season began May 13 and is 17.4% above the first 2019 season's landings.
A larger catch than last year increases fishmeal supply, which weighs on protein prices, though a stable biomass limits the scale of the effect.
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.