# What Peru's Anchoveta Shortfall Means for Producers and Feed Costs

> 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.

- Date: 2026-09-09 · published 2026-09-09T12:00:00.000Z
- Category: weather · region Peru · magnitude high
- Page: https://feedsoft.ai/events/17377-what-peru-s-anchoveta-shortfall-means-for-producers-and-feed-costs
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Steep fishmeal and fish oil output declines tighten protein and lipid supply for feed formulators, raising cost pressure through 2027.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- blog.manolinaqua.com: https://blog.manolinaqua.com/en/peru-anchoveta-shortfall-producer-and-feed-costs

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