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Peru's fishery landings reached 5.8 million tons in 2024, up 62.6% from 3.6 million tons in 2023, according to the Ministry of Production. Fishing sector GDP grew 24.9%, driven by good anchovy seasons, and the second season produced the highest catches in a decade.
Stronger Peruvian anchovy landings expand fishmeal and fish oil supply for feed buyers, which pressures fishmeal prices lower relative to recent tight levels.
Not 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.