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Skipjack raw material prices for April rose to nine-year highs. The increase affects the fish raw materials used in fishmeal and fish oil production.
Higher raw fish costs raise the cost floor for fishmeal, supporting prices for buyers of marine protein.
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.