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Peru will close its first anchovy season on July 31. The season ends once the quota is reached, and the ministry had earlier reported catches at 87% of quota.
An early close removes fishmeal supply from the market just as demand for feed ingredients peaks in the second half. This tightens near-term fishmeal availability and supports prices.
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.