# Peru's Increased Anchovy Quota Boosts Global Fishmeal Supply Amidst Rising Russian Production | Tridge Insights

> Peru set its second-season 2024 anchovy quota at 2.5 million tons, a 49% increase year on year, which IFFO estimates could add 500,000 tons of fishmeal to the market. Russian fishmeal output has also grown about 50% since 2017 and is projected to rise further by 2030.

- Date: 2025-02-21 · published 2025-02-21T12:00:00.000Z
- Category: market · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/25948-peru-s-increased-anchovy-quota-boosts-global-fishmeal-supply-amidst-rising
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Added fishmeal supply from Peru and Russia is likely to ease fishmeal prices, which a Rabobank report expects to correct moderately in the first half of 2025.

## Read by commodity

- SBM: neutral
- FISHMEAL: bearish ▼

## Sources

- insights.tridge.com: https://insights.tridge.com/speaker-product-news-reports/KJLyFXpzJzgKuB1Gqsm5QUKHGgR43AVdqLB6EagCX2B3nYk4ZS8n9iT9

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