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The Atlantic States Marine Fisheries Commission has cut the total menhaden catch limit along the Atlantic coast. The measure was proposed by Maine, with commercial fishermen backing the status quo and conservationists seeking steeper cuts.
A lower menhaden catch limit reduces raw material for reduction fishmeal, which tightens supply and supports 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.