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By early February 2018, Peruvian anchovy producers had caught 46% of the national quota. The pace of landings reflects the constrained season.
A slow catch rate signals limited fishmeal output, which supports fishmeal prices and firms demand for substitute protein meals.
undercurrentnews.comFeb 1, 2018Not enough comparable past events yet for a historical read.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
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.
