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Peru has raised its first anchovy fishing quota by 56%. The increase expands the catch allowed for the fishery that supplies most of the world's fishmeal.
A larger anchovy catch means more fishmeal and fish oil supply, which tends to pressure fishmeal prices lower and eases feed protein costs for buyers.
undercurrentnews.comApr 20, 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.
