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IFFO data show Peru's first 2024 anchovy season in the north-central zone ended in June with more than 98% of its 2.35 million ton quota landed. The southern zone reached only about 10% of its first-season quota, and a 251,000-tonne second-season quota starts July 1.
China's fishing ban from May to mid-September limits wild-catch fishmeal and fish oil output.
Strong Peruvian landings add significant global fishmeal supply, which is bearish for feed protein costs. The China fishing ban and the small southern quota limit how far that pressure extends.
aquafeed.comAquafeed Media SLUJul 3, 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.
