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Peru's industrial anchovy fleet closed its second season on 12 January with roughly 75% of the 1.682 million ton quota caught. The first 2023 season was cancelled, costing an estimated USD 1.4 billion in lost revenue, and IFFO data show global fishmeal output down 16% for the first 11 months of 2023.
Unfilled anchovy quotas reduce fishmeal and fish oil availability, supporting fishmeal prices that feed buyers pay for high-protein diets.
seafoodsource.comSeafoodSourceFeb 1, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
