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Peru's first anchovy fishing season of 2018 began on 12 April with a TAC of 3.32 million tonnes, the highest since 2011, and was almost fully caught by early July. Peruvian plants produced nearly 1 million tonnes of fishmeal and 170,000 tonnes of fish oil in the first half of 2018, up 40% and 77% year on year.
Ample Peruvian fishmeal output supports sufficient global supply and a downward price trend for fishmeal, which lowers protein costs for feed compounders.
fao.orgOct 15, 2018Not 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.
