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Peru will close its second anchovy fishing season on January 27 with 1.73 million metric tons landed, about 86.5% of the 2 million ton quota. The 2016-17 second-season harvest is 1.1 million tons above the previous year's second season.
A larger harvest than last year adds fishmeal supply to the market, which is bearish for fishmeal prices. The closure also confirms that the season ended below full quota.
seafoodnews.comJan 26, 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.
