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Peru's anchovy catches reached 97.84% of the 2.1 million ton quota for the first exploratory and fishing season in the central and northern sea areas, according to the Production Ministry. The result was 26% above the three-year average, excluding the atypical 2018 season.
Near-full quota use from a strong season adds fishmeal supply to the market, which tends to weigh on fishmeal prices and cushion costs 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.