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Peruvian super fishmeal spot prices reached 25,700-26,500 yuan/tonne, a new record, after Peru cancelled its second anchovy season for 2026. National port fishmeal inventories fell to 113,800 tonnes.
Meanwhile, listed hog producers reported continued losses as pig prices declined.
Peru's season cancellation removes a large share of global fishmeal supply, which keeps fishmeal expensive and pushes feed makers toward substitutes such as soybean meal. Lower hog prices, however, weaken demand for premium feed inputs.
chinafeedm.comNov 3, 2026Not enough comparable past events yet for a historical read.
After 10 past bearish weather events, Lean Hogs moved a median -0.6% over 5 sessions (20% higher; middle half -2.7% to -0.2%), and -4.3% over 20.
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.
