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Pacific Andes, a seafood company, received a credit lifeline for its key Peru unit as anchovy landings in the country improve. The report was published by Undercurrent News on July 11, 2017.
Improving anchovy landings in Peru increase fishmeal supply, which tends to pressure fishmeal prices lower. The company financing news itself has little direct effect on the feed commodity market.
undercurrentnews.comJason SmithJul 11, 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.
