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About 13% of Peru's anchovy quota had been landed in the first two weeks of the season, which began gradually on May 13. Landings averaged 31,254 metric tons per day.
Steady landings mean fishmeal supply is building at a normal pace, which keeps pressure on fishmeal prices. A slow start limits how quickly that supply reaches the market.
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.