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Peru's anchovy season ended with only 36 percent of its quota caught. Peru's exports to China are mostly metals and fishmeal.
The early end to the catch reduces fishmeal output, which supports fishmeal prices and feed protein costs for buyers.
undercurrentnews.comMatilde MereghettiJan 15, 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.
