Loading…
Peruvian fishmeal prices rose sharply after the anchovy quota was set lower than expected. The price jump followed the announcement of the reduced catch limit.
Higher Peruvian fishmeal prices raise feed costs for poultry, pig and aquaculture producers and can pull demand toward soybean meal.
undercurrentnews.comMatilde MereghettiNov 24, 2017Not 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.
