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South African fishing group Oceana reported that strong demand for canned fish, hake and horse mackerel offset a weak fishmeal and fish oil harvest. Oceana's CEO Imraan Soomra was quoted in the coverage.
Poor fishmeal and fish oil output from a major producer reduces marine ingredient supply, which keeps fishmeal and oil prices firm for feed buyers.
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.