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Austral Group's general manager explains that Peru's fisheries exports fell about 15% from 2012 to 2017 due to regulation and El Niño, with fishmeal and fish oil making up 70% of fishery exports. She describes a 2017 season disrupted by strong winds, cooling sea conditions and juvenile anchovy presence that left the fleet without catches.
Repeated anchovy quota shortfalls tighten global fishmeal supply, supporting fishmeal prices and raising costs for aquaculture and pig and poultry feed buyers.
oxfordbusinessgroup.comOBG AdminAug 23, 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.
