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Exalmar's CEO expects the receding El Niño to drive a significant recovery in Peruvian anchovy fishing. The comments were reported in mid-March 2017 by Undercurrent News.
A stronger anchovy recovery would lift Peruvian fishmeal output, adding supply that pressures feed protein prices lower.
undercurrentnews.comMatilde MereghettiMar 10, 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.
