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Peru's Ministerial Resolution No. 483-2019-PRODUCE approved the start of the second 2019 anchovy season in the north-central zone, with a quota of 2,786,000 metric tons from November 16. The quota follows IMARPE's recommendation based on an estimated biomass of 8.34 million tons.
The official quota confirms a large anchovy catch that will increase fishmeal supply through the season, which pressures prices lower.
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.