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Exalmar, the third-largest Peruvian fishmeal producer, reported sharply lower fishmeal and fish oil sales because of reduced catches. The shortfall reflects the El Niño-affected fishery.
Lower catches from a smaller producer tighten fishmeal and fish oil supply, which supports prices for feed buyers.
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.