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Chile and Peru signed an agreement to sustain the Humboldt Current fishery, the world's largest single-species fishery, supported by GEF and UNDP funding. The anchovy fishery landed about 5.8 million tonnes in 2015, roughly 70% of it from Peruvian waters.
The pact is a long-term sustainability measure with no immediate change to catch quotas, so its near-term effect on fishmeal supply and prices is limited.
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.