# Feed industry cautiously optimistic following Peru anchovy quota announcement

> BioMar CEO Carlos Diaz said the doubling of Peru's anchovy quota is good news for the Peruvian industry, provided the full quota can be caught. He noted that catch depends on the yield of production and the level of juvenile anchovies in the fishery. The article reports industry optimism following the April 11 quota announcement.

- Date: 2024-04-11 · published 2024-04-11T12:00:00.000Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/30657-feed-industry-cautiously-optimistic-following-peru-anchovy-quota-announcement
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Feed producers are reading the larger quota as a likely increase in fishmeal supply, but actual landings depend on juvenile stock levels. Until catches are confirmed, fishmeal price relief remains uncertain.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- intrafish.com: https://www.intrafish.com/aquaculture/feed-industry-cautiously-optimistic-following-peru-anchovy-quota-announcement/2-1-1625617

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