Australian consumers may need to switch to alternative omega-3 products after the near-collapse of the Peruvian anchovy fishery, which supplies about a fifth of the world's fish oil and meal. Aker BioMarine's CEO says supply will be a big issue and that krill oil and algae could fill part of the gap, though both remain small or pricey.
Lost Peruvian anchovy supply tightens global fish oil and fishmeal availability, which supports prices for fishmeal and fish-based feed ingredients and pushes buyers toward alternatives like krill and algae oil.
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.