# Early 2023 anchovy harvest skews Q1 comparison

> IFFO data show Peru's North-Central anchovy catch was lower in Q1 2024 because the 2023 season started early and the quota was below average. Chile, the US and African countries are reporting positive fishmeal production trends.

- Date: 2024-05-10 · published 2024-05-10T12:00:00.000Z
- Category: report · region Peru · magnitude low
- Page: https://feedsoft.ai/events/30365-early-2023-anchovy-harvest-skews-q1-comparison
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The year-on-year drop is largely a timing effect, so the comparison overstates the tightness of supply and limits how far prices should rise.

## Read by commodity

- FISHMEAL: neutral

## Sources

- fishfarmingexpert.com: https://www.fishfarmingexpert.com/iffo-marine-ingredients/early-2023-anchovy-harvest-skews-q1-comparison/1766951

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