# Global fishmeal production drops in the first quarter

> IFFO reports global fishmeal output fell about 27% in Q1 2024, and nearly 50% of Peru's 2.475 million tonne anchovy quota was caught in the first 23 days. China's fishing ban runs from May 1 to September, and its fishmeal imports through March were down year on year.

- Date: 2024-05-17 · published 2024-05-17T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/30367-global-fishmeal-production-drops-in-the-first-quarter
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Tight Q1 supply and China's seasonal ban support fishmeal prices, while weak Chinese feed demand limits the upside.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- fishfocus.co.uk: https://fishfocus.co.uk/global-fishmeal-production-drops-in-the-first-quarter/

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