# ANALYSIS: Anchovy Catch Reaches 96.5% of Quota as Peru Closes Second Season

> Peru's Ministry of Production closed the second 2024 anchovy season on January 23 after catches reached about 2.42 million MT, or 96.4% of the 2.51 million MT quota in the North-Central Zone. The closure followed IMARPE studies showing evident reproductive activity, so the season was ended to protect spawning.

- Date: 2024-01-23 · published 2024-01-23T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/32052-analysis-anchovy-catch-reaches-96-5-of-quota-as-peru-closes-second-season
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Catches near the full quota add to fishmeal and fish oil supply during a year of sharply reduced Peruvian output, which supports fishmeal prices and firms up the feed protein complex.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-06-06 | [Peru slashes first season anchovy catch limit – World Fishing](https://feedsoft.ai/events/35392-peru-slashes-first-season-anchovy-catch-limit-world-fishing.md) | -1.2% | +3.3% |
| SBM | 2019-12-17 | [Peru fishing body requests anchovy closure as juveniles make up '90%' of catches](https://feedsoft.ai/events/55487-peru-fishing-body-requests-anchovy-closure-as-juveniles-make-up-90-of-catches.md) | +0.0% | -0.4% |
| SBM | 2026-10-28 | [Pricing Analysis: The Peruvian anchovy season cancellation and Atlantic salmon prices](https://feedsoft.ai/events/151-pricing-analysis-the-peruvian-anchovy-season-cancellation-and-atlantic-salmon.md) | -3.8% | — |
| SBM | 2023-07-06 | [Peru Cancels Anchovy Season - Aquaterra](https://feedsoft.ai/events/34934-peru-cancels-anchovy-season-aquaterra.md) | +0.6% | +7.8% |
| SBM | 2018-01-25 | [Peru orders anchovy season closure - Undercurrent News](https://feedsoft.ai/events/66915-peru-orders-anchovy-season-closure-undercurrent-news.md) | -1.2% | +10.2% |

## Sources

- seafoodnews.com: https://www.seafoodnews.com/Story/1296545/ANALYSIS-Anchovy-Catch-Reaches-96-point-5-percent-of-Quota-as-Peru-Closes-Second-Season

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