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Peruvian fishmeal prices softened in mid-May 2018 as the first anchovy fishing season quota was set high. Buyers were reportedly holding back amid ample expected supply.
A large anchovy quota raises expected fishmeal output, which weighs on fishmeal prices and can ease substitute protein costs for feed buyers.
Not enough comparable past events yet for a historical read.
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.