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Global Fishing Watch data show Peruvian fishing vessel activity fell about 80% after the March 16 COVID-19 stay-at-home order, with the industrial fleet halting operations. The anchovy season opened May 13 amid a struggling artisanal fleet.
Reduced Peruvian fishing effort tightens fishmeal supply, which is a key protein source in aquafeed and supports higher fishmeal prices.
globalfishingwatch.orgEloy AroniJun 12, 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.
