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Peru plans to revise its tuna landings regulation and has set new temporary closures for anchovy fishing. The report is dated January 12, 2018.
The closures limit when vessels can catch anchovy.
Temporary anchovy closures restrict fishmeal output during the season, which supports fishmeal prices and can lift demand for soybean meal as a substitute protein.
undercurrentnews.comJan 12, 2018Not enough comparable past events yet for a historical read.
After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% 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.
