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Intrafish reports that recorded discussions allegedly show Peruvian fishing companies talking about fixing anchovy quotas. The report says the companies knew the quotas were based on incorrect figures.
Evidence of quota manipulation raises the likelihood of tighter or revised catch limits in Peru, which would reduce anchovy-based fishmeal supply and support prices for feed buyers.
intrafish.comJohn EvansFeb 3, 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.
