# High hopes for lower fishmeal prices | Blue Economy Insights

> Peru's first anchovy season in the North-Central zone ended in June with more than 98% of the quota caught, according to IFFO. The result has raised hopes for lower fishmeal and fish oil prices. The article notes the season's high catch as the main factor.

- Date: 2024-08-13 · published 2024-08-13T12:00:00.000Z
- Category: report · region Peru · magnitude low
- Page: https://feedsoft.ai/events/28699-high-hopes-for-lower-fishmeal-prices-blue-economy-insights
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A nearly complete quota catch adds supply to the fishmeal market and supports expectations of lower prices. The effect depends on how much of the catch reaches the market.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- blueeconomyinsights.com: https://blueeconomyinsights.com/2024/08/13/high-hopes-for-lower-fishmeal-prices/

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