# Global fishmeal, fish oil production up through July 2024 on solid Peru anchovy fishery performance

> IFFO data show global fishmeal output rose about 36% and fish oil output about 10% in January through July 2024 versus 2023. The gains were driven by Peru's productive north-central anchovy season, which met its 2.48 million tonne quota.

- Date: 2024-11-01 · published 2024-11-01T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/27946-global-fishmeal-fish-oil-production-up-through-july-2024-on-solid-peru-anchovy
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Higher fishmeal and fish oil output adds supply to the market, which weighs on prices and gives feed buyers more room to purchase.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- seafoodsource.com: https://www.seafoodsource.com/news/supply-trade/global-fishmeal-fish-oil-production-up-through-july-2024-on-solid-peru-anchovy-fishery-performance

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