# Peru's anchovy fishing season is proceeding smoothly, with the annual catch expected to exceed 4 million tons

> Peru's first half of the second anchovy season saw 1.37 million tonnes caught, 54.6% of the annual quota. The season may close early because the juvenile catch is approaching the 151,000-tonne limit. About 450,000 tonnes of fishmeal for the next season has already been pre-sold.

- Date: 2024-12-19 · published 2024-12-19T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/26882-peru-s-anchovy-fishing-season-is-proceeding-smoothly-with-the-annual-catch
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A larger-than-expected Peruvian catch adds fishmeal supply, which is bearish for fishmeal prices. An early closure to protect juveniles would tighten supply and could support prices.

## Read by commodity

- FISHMEAL: neutral

## Sources

- tridge.com: https://www.tridge.com/news/perus-anchovy-fishing-season-is-proceeding-s-aycbvg

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