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Peru's second anchovy season (November 2016 to January 2017) reached over 98 percent of its 2 million tonne quota. The first 2017 season quota was set 56 percent higher than a year earlier, at 2.8 million tonnes.
Fishmeal and fish oil output rose sharply in Peru, Chile and Northern Europe in the first quarter.
Abundant anchovy landings expand fishmeal supply and push fishmeal prices lower after a six-month decline. Analysts expect prices to stabilise and then possibly rebound later in the year.
fao.orgFeb 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.
