# Successful Peruvian fishing seasons compensate for reduced fishmeal, fish oil production elsewhere

> Peru's successful anchovy seasons offset reduced fishmeal and fish oil output elsewhere, per IFFO. Cumulative fishmeal output rose nearly 16 percent in the first 11 months of 2024 after Peru's 2023 season cancellation.

- Date: 2025-02-01 · published 2025-02-01T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/26597-successful-peruvian-fishing-seasons-compensate-for-reduced-fishmeal-fish-oil
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Stronger Peruvian supply eases the global fishmeal and fish oil tightness, which tends to keep prices contained for feed formulators.

## Read by commodity

- SBO: neutral
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2019-06-12 | [USDA forecast for world soybean meal production reduced — Latifundist.com](https://feedsoft.ai/events/58656-usda-forecast-for-world-soybean-meal-production-reduced-latifundist-com.md) | +4.1% | +2.8% |
| SBO | 2024-03-12 | [USDA experts have adjusted forecasts for world production of oils and meals](https://feedsoft.ai/events/31302-usda-experts-have-adjusted-forecasts-for-world-production-of-oils-and-meals.md) | +4.0% | +3.7% |
| SBO | 2025-05-26 | [Datagro raises estimate for soybean and corn production 2024/25 - Revista Cultivar](https://feedsoft.ai/events/13497-datagro-raises-estimate-for-soybean-and-corn-production-2024-25-revista-cultivar.md) | -2.4% | +3.4% |
| SBO | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | +1.4% | +3.0% |
| SBO | 2019-10-21 | [Despite the slowdown in production prices for rapeseed fall](https://feedsoft.ai/events/56670-despite-the-slowdown-in-production-prices-for-rapeseed-fall.md) | +2.0% | +0.2% |

## Sources

- seafoodsource.com: https://www.seafoodsource.com/news/supply-trade/successful-peruvian-fishing-season-compensates-for-reduced-fishmeal-fish-oil-production-elsewhere

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