# Fish meal and oil production up - Food & Agribusiness

> IFFO reports that fishmeal production in the first half of 2024 rose about 40% year on year, mainly from strong catches in northern-central Peru. Fish oil output was up about 10%, while Chile and Northern Europe landings were mixed and US menhaden catches stayed below 2023 levels.

- Date: 2024-09-05 · published 2024-09-05T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/28388-fish-meal-and-oil-production-up-food-and-agribusiness
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Higher Peruvian output is adding to global fishmeal supply, which tends to soften fishmeal prices and feed costs.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- foodagribusiness.world: https://www.foodagribusiness.world/feed/fish-meal-and-oil-production-up

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