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Peruvian fishmeal producer Exalmar reported a 36% decline in earnings. Lower anchovy catches reduced output, though the company shifted more fish into human consumption products.
Smaller Peruvian anchovy catches tighten global fishmeal supply, which supports fishmeal prices and raises costs for feed compounders who rely on it as a protein source.
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.