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Skipjack raw material prices at Manta, Ecuador's main processing hub, have reached a record high not seen in nearly a decade. Processors face low tuna supply in the Eastern Pacific along with a critical electricity shortage.
Tight tuna supply and power constraints raise processing costs and limit output of tuna products. The effect on feed commodities is minimal, since tuna meal and oil are small inputs in the feed market.
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.