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FAO forecasts global small pelagics landings to grow 7% in 2017 versus 2016, led by a larger Peruvian anchovy catch. Herring and mackerel landings are expected to rise about 4% combined, and Scotland has withheld 12% of its 2017 mackerel quota pending landing analysis.
Higher anchovy supply points to softer fishmeal and fish oil prices, though FAO expects only modest price changes and sees currency moves playing a bigger role. Feed buyers may see cheaper marine protein inputs.
chinafeedonline.com.hkAug 17, 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.
