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The EU, Norway, the Faroe Islands and Iceland agreed a 2018 North Atlantic herring quota of 435,000 tonnes, about 33% below 2017. The northeast Atlantic mackerel quota was cut 20% to 816,797 tonnes, and Russia and Norway reopened a Barents Sea capelin fishery with a 205,000-tonne quota.
Smaller pelagic quotas reduce the raw material available for fishmeal and fish oil production, which supports prices for these products.
fao.orgMar 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.
