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Peru extended its coastal fishing closure through the end of October after surveys found spawning had begun. Peruvian fishmeal output has roughly halved since the start of the year as El Niño strengthens, according to IFFO.
With Peru's main fishery shut, global fishmeal supply is constrained and prices are expected to rise toward record levels. Buyers of feed protein are likely to face higher costs.
feedstrategy.comEmma PenrodSep 1, 2026Not enough comparable past events yet for a historical read.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
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.
