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Peruvian fishing companies expect El Niño to have little effect on the anchovy catch this year, allowing recovery after a difficult 2016. The central bank estimates a 2017 catch of 3.62 million tonnes, one million tonnes below its prior estimate.
A central bank cut to the expected anchovy catch tightens the expected fishmeal supply, though industry optimism about recovery offsets part of that support.
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.