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Moody's projects that Peru's fishing and agriculture sectors will benefit from benign weather in 2019, with stable anchovy quotas and prices expected for the next season. ENFEN gives a 60% likelihood of neutral El Niño/La Niña conditions for December 2019 to March 2020.
Stable quotas and neutral weather point to steady fishmeal supply, which supports a stable price outlook for fishmeal used in feed.
andina.peEmpresa Peruana de Servicios Editoriales S. A. EDITORA PERÚAug 13, 2019Not 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.
