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Peruvian fishmeal and fish oil prices fell sharply in September 2024, with Peru/Chile super prime fishmeal at US$1,611/t (down 25.3% y/y) and Peru feed fish oil at US$3,230/t (down 61.4% y/y). The decline follows a cancelled 2023 first season and a successful 2024 first season that caught 98.2% of the quota.
Larger Peruvian anchovy supply has pushed marine ingredient prices lower, which eases feed costs for buyers using fishmeal and fish oil in aquafeed and livestock diets.
expanamarkets.comNick WoodOct 24, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
