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Peruvian fishmeal and fish oil producer Exalmar plans to replenish its inventories as anchovy landings surge. The company's restocking points to increased fishing activity supplying the raw material for fishmeal production.
Rising anchovy landings increase fishmeal and fish oil supply, which tends to pressure fishmeal prices lower and eases costs for feed buyers.
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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.