News Summary September 13, 2023
ANALYSIS: Frozen Mahi — The 2023-2024 Season Outlook
The upcoming Mahi fishing season for 2023-2024 in Central and South America is set to begin, as it traditionally does during the first week of October each year. Leading up to the start of this new season, there's a significant amount of anticipation and speculation among fishermen, processors, importers, and traders involved in the wild fishery. These speculations revolve around factors such as water temperatures, market demand, and the resulting price fluctuations, which are heavily influenced by catch volumes. Moreover, the unpredictability intensifies when we factor in weather phenomena like a powerful El Niño event, further complicating the forecasting game.
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