# Crisis in the fishing sector has left 69% of fishmeal plants inoperative in southern Peru

> Tridge reports that 69% of fishmeal plants in southern Peru are inoperative due to an anchovy fishing crisis. The report cites losses of 3 million metric tonnes of landings and US$1.886 billion in exports since 2012, driven by juvenile fish, regulatory changes and bans over minimum catch sizes.

- Date: 2024-03-11 · published 2024-03-11T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/31278-crisis-in-the-fishing-sector-has-left-69-of-fishmeal-plants-inoperative-in
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Idle fishmeal capacity in southern Peru constrains global supply of this key protein, which tends to support fishmeal prices.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/news/crisis-in-the-fishing-sector-has-left-69-of-fishme

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