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The Atlantic States Marine Fisheries Commission's Menhaden Board voted to tie the Chesapeake Bay harvest cap to the coastwide total allowable catch, limiting the bay to 21.8% of East Coast landings. The board also cut the coastwide catch by about 17% over two seasons, lowering the bay cap from 51,000 to 33,847 metric tons by 2028.
Virginia, the last East Coast state allowing reduction fishing, holds 75% of the total and voted against the changes.
Menhaden is a key source of fishmeal and fish oil for feed, so a tighter catch reduces supply from the reduction fishery and supports fishmeal prices. The effect depends on phase-in timing and on how much of the cut reaches processing output.
capecharlesmirror.comWayne CreedNov 15, 2026Not 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.
