# Peru anchovy harvest recovery offsets lower fishmeal production elsewhere

> IFFO data show cumulative global fishmeal production rose nearly 16 percent in the first 11 months of 2024. The gain reflects a return to normal Peruvian anchovy quota levels that offset lower output elsewhere.

- Date: 2025-01-09 · published 2025-01-09T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/26594-peru-anchovy-harvest-recovery-offsets-lower-fishmeal-production-elsewhere
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Higher Peruvian supply adds fishmeal availability and tends to pressure prices lower, supporting cheaper protein for feed buyers.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- intrafish.com: https://www.intrafish.com/processing/peru-anchovy-harvest-recovery-offsets-lower-fishmeal-production-elsewhere/2-1-1762441

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