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Peru's anchovy fishery is normalizing, with low juvenile catch rates reported. The article follows a season of regulatory openings and closures in Peru.
Peru's anchovy catch drives global fishmeal supply, so a normalizing fishery eases the supply concerns that had been supporting fishmeal prices.
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.