# Peruvian anchovy season gets off to a swift start | The Fish Site

> Peru's first 2024 north-central season began slowly, with about half of the 2.475 million-ton quota caught in 23 days, according to IFFO. Global fishmeal output in Q1 2024 fell about 27% year on year, and fish oil output fell 30%, largely due to timing of Peru's 2023 season. China's fishing ban runs from May 1 to September.

- Date: 2024-05-10 · published 2024-05-10T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/30171-peruvian-anchovy-season-gets-off-to-a-swift-start-the-fish-site
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower Q1 fishmeal and fish oil output supports prices, while the fast Peruvian catch pace adds supply later. The net effect leaves fishmeal prices balanced, with China's weak feed demand limiting upside.

## Read by commodity

- FISHMEAL: neutral

## Sources

- thefishsite.com: https://thefishsite.com/articles/peruvian-anchovy-season-swift-start-iffo

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