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Peru's 2026 anchoveta season closed at about 25% of quota, with global fishmeal output down 54% year on year and Peruvian output down 72%. Fish oil output fell 29% globally and 68% in Peru, and fish oil prices have decoupled from fishmeal.
Steep fishmeal and fish oil output declines tighten protein and lipid supply for feed formulators, raising cost pressure through 2027.
blog.manolinaqua.comManolinSep 9, 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.
