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Fishmeal prices jumped in January after ending 2019 stable, according to IFFO price data reported by Intrafish. Coverage links the rise to coronavirus uncertainty and the closure of the Peruvian anchovy fishery.
Peruvian anchovy closure cuts fishmeal supply while Chinese uncertainty adds demand risk, leaving fishmeal prices firm for feed buyers.
intrafish.comKim Tran, John EvansFeb 20, 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.
