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Peru has proposed higher taxes on fishmeal production. The proposal would raise costs for Peruvian fishmeal producers.
Higher export or production taxes would raise Peru's fishmeal costs and could cut exports, tightening global supply. Peru is a major fishmeal source, so this would likely support prices 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.