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Peru's Ministry of Production set the first north-central anchovy season of 2025 to open on 22 April, with a total quota of 3 million tonnes. The quota is the highest since 2018, based on an IMARPE biomass assessment.
IFFO reported global fishmeal output up about 40% in January-February 2025, led by Peru.
A large Peruvian anchovy quota increases fishmeal supply, which typically pressures fishmeal prices lower and makes cheaper protein available to feed compounders.
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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.