# IFFO directors: Peru faces 6-month fishmeal, fish oil supply gap; Chinese buyers seek alternatives - Undercurrent News

> IFFO directors say Peru faces a six-month gap in fishmeal and fish oil supply. Chinese buyers are looking for alternative sources.

- Date: 2026-10-29 · published 2026-10-29T18:05:44.407Z
- Category: disease · region Peru · magnitude high
- Page: https://feedsoft.ai/events/1337-iffo-directors-peru-faces-6-month-fishmeal-fish-oil-supply-gap-chinese-buyers
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

A prolonged Peruvian supply shortfall tightens global marine protein availability and supports fishmeal and fish oil prices, pushing feed makers toward substitutes such as soybean meal and rapeseed products.

## Read by commodity

- SBM: bullish ▲
- CANMEAL: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-10-12 | [Peru cancels second anchovy season with super prime fishmeal prices in China back at record high - Undercurrent News](https://feedsoft.ai/events/514-peru-cancels-second-anchovy-season-with-super-prime-fishmeal-prices-in-china.md) | -2.5% | — |
| SBM | 2026-10-29 | [Global fishmeal crisis to extend into 2027 as Peru shutdown reshapes supply, trade - Undercurrent News](https://feedsoft.ai/events/1336-global-fishmeal-crisis-to-extend-into-2027-as-peru-shutdown-reshapes-supply.md) | -3.3% | — |
| SBM | 2026-08-19 | [Seafood Media Group - Worldnews - China Faces a New Surge in Fishmeal Prices as Peru Keeps Anchovy Fisheries Restricted](https://feedsoft.ai/events/17981-seafood-media-group-worldnews-china-faces-a-new-surge-in-fishmeal-prices-as.md) | +1.6% | +9.6% |
| SBM | 2020-04-21 | [China pork supplies under pressure in second-quarter, prices may peak around September: official](https://feedsoft.ai/events/53631-china-pork-supplies-under-pressure-in-second-quarter-prices-may-peak-around.md) | -0.1% | -0.2% |
| SBM | 2023-08-01 | [Peru’s reduced fishmeal production drives down global output](https://feedsoft.ai/events/35118-peru-s-reduced-fishmeal-production-drives-down-global-output.md) | -0.9% | -5.1% |

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2026/10/29/iffo-directors-peru-faces-6-month-fishmeal-fish-oil-supply-gap-chinese-buyers-seek-alternatives/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.