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Peru is expected to announce its anchovy fishing quota soon, according to Undercurrent News. Fishmeal prices in China are rising at the same time.
A smaller Peruvian quota reduces global fishmeal supply, which tends to firm prices for aquaculture and swine feed buyers.
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.