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Fishmeal prices in Peru continued to rise as the anchovy fishing season remained halted until 2018. The halt tightens near-term fishmeal supply during a period of seasonal demand.
A shortage of Peruvian anchovy catch cuts a key protein ingredient for feed mills, which supports fishmeal prices and raises the cost of aquafeed and premix. Buyers may need to offset higher fishmeal costs with alternative proteins such as soybean meal.
undercurrentnews.comMatilde MereghettiDec 15, 2017Not 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.
