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Peru's Production Minister Lieneke Schol projects the fishing sector will grow 38% in volume in 2018, driven by higher anchovy catches for fishmeal and oil. January 2018 landings reached 777,000 tons, up 7.5% year on year.
Expected larger anchovy catches increase fishmeal and fish oil supply, which is bearish for protein ingredient prices, though the outlook depends on favorable oceanographic conditions.
aquahoy.comMilthon LujanMar 8, 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.
