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The Atlantic States Marine Fisheries Commission is scheduled to vote on proposals to cut Chesapeake Bay menhaden harvests by up to 50% and reduce the coastwide catch limit by 39%. Most menhaden caught in the reduction fishery are processed into fishmeal and fish oil.
If adopted, the proposed cuts would reduce a U.S. source of fishmeal and fish oil, potentially tightening supply and supporting prices. The proposals remain subject to a vote, so the supply impact is uncertain.
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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.