# Peru’s Fish Meal Industry Faced Challenges Due to El Niño Impact on Fishing Seasons, Resulting in Low Supply

> Peru's fishmeal industry faced poor volumes in 2023 and early 2024 as El Niño disrupted fishing seasons, with some seasons ending early. The second anchovy season delivered moderate volumes, while part of the catch went to higher-priced fresh and frozen products.

- Date: 2024-01-09 · published 2024-01-09T12:00:00.000Z
- Category: weather · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/32212-peru-s-fish-meal-industry-faced-challenges-due-to-el-nino-impact-on-fishing
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Scarce fishmeal supply, with catch diverted to fresh and frozen markets, points to stable to higher fishmeal prices for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/insights/fish-meal-market-situation

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