# IFFO members buoyed by Peru's bumper harvest | The Fish Site

> IFFO reports cumulative fishmeal output from its members rose nearly 16% year on year in the first eleven months of 2024, led by Peru. Over 85% of Peru's 2.51 million tonne second-season quota had been caught, and fish oil production grew about 3%.

- Date: 2025-01-10 · published 2025-01-10T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/26435-iffo-members-buoyed-by-peru-s-bumper-harvest-the-fish-site
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Strong Peruvian supply raises global fishmeal availability, which tends to weigh on fishmeal prices and ease feed input costs.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- fishstats.org: http://fishstats.org/iffo-members-buoyed-by-perus-bumper-harvest.html

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