# IFFO points out positive trend in fish meal and fish oil production - Feed & Additive Magazine

> IFFO reported that fishmeal and fish oil production rose in 2024, with cumulative fishmeal output in the reporting countries up 40% through May. Peru completed its first anchovy season with more than 98% of quota landed.

- Date: 2024-07-23 · published 2024-07-23T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/29353-iffo-points-out-positive-trend-in-fish-meal-and-fish-oil-production-feed-and
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Stronger output from Peru, which supplies about one-fifth of global fishmeal, increases supply and pressures fishmeal prices lower.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- feedandadditive.com: https://www.feedandadditive.com/iffo-points-out-positive-trend-in-fish-meal-and-fish-oil-production/

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