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Undercurrent News reports that fishmeal prices are relatively stable despite Peru's anchovy quota cut. The article is dated May 3, 2019, and the text provided is mostly page navigation and price tickers.
The quota cut it references is the reduction from earlier expectations.
A stable outlook suggests that buyers face little immediate upward pressure on fishmeal costs from the Peruvian quota. Market expectations may already reflect the cut.
undercurrentnews.comLouis HarkellMay 3, 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.
