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The EU, Norway and the Faroe Islands agreed a 2020 North Atlantic mackerel total allowable catch of 922,064 tonnes, up 41% from 2019, in line with ICES advice. Iceland, Greenland and Russia set unilateral quotas, prompting MSC to suspend certification for 2020 mackerel.
Heavier fishmeal and fish-oil raw material supplies from a larger mackerel and herring quota point to softer fishmeal prices, which weighs on feed protein costs.
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.