# Fish oil, fishmeal prices on dramatic retreat from last year's peaks

> Fish oil and fishmeal prices have fallen sharply from their 2024 peaks. The recovery in the Peruvian anchovy harvest is cited as the driver of lower costs for salmon farmers.

- Date: 2024-12-02 · published 2024-12-02T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/27028-fish-oil-fishmeal-prices-on-dramatic-retreat-from-last-year-s-peaks
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Cheaper fishmeal from a larger Peruvian catch lowers protein feed costs for aquaculture and livestock buyers, and points to softer fishmeal prices.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- intrafish.com: https://www.intrafish.com/feed/fish-oil-fishmeal-prices-on-dramatic-retreat-from-last-years-peaks/2-1-1746977

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