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Analysts say Peru's newly set anchovy quota could weigh on the market. The quota applies to the fishery that supplies the bulk of global fishmeal output.
Expected higher anchovy landings point to more fishmeal supply, which would put downward pressure on fishmeal prices and make the protein ingredient cheaper for feed formulators.
Not 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.