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El Niño-related ocean warming has pushed anchovies in the Chimbote area into colder, deeper waters, reducing their availability to local fisheries. The resulting shortage is affecting fishers and marine wildlife, including pelicans, sea lions and Humboldt penguins.
Scarcer anchovy catches in Peru could limit fishmeal feedstock and put upward pressure on fishmeal prices.
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.