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Peruvian fishmeal producer Exalmar reported an 84% drop in earnings after the second 2019 anchovy season was abandoned due to abundant juvenile fish. The company is looking to recover lost volume in the next season.
Abandoned anchovy seasons reduce Peruvian fishmeal output, which supports fishmeal prices and tightens supply for feed formulators.
intrafish.comJohn EvansMay 21, 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.
