# Marine ingredients supply hit hard by loss of Peruvian anchovies

> IFFO data show cumulative fishmeal production down about 28% in the first eight months of 2023 compared with 2022. Peru's 70% year-on-year decline, after El Niño cancelled its first anchovy season in June, is the main cause. Fish oil output was down 24%, with Chile the exception.

- Date: 2023-10-12 · published 2023-10-12T12:00:00.000Z
- Category: weather · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/33726-marine-ingredients-supply-hit-hard-by-loss-of-peruvian-anchovies
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Peru's loss of anchovy supply tightens the global marine ingredients market and supports fishmeal prices for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- fishfarmingexpert.com: https://www.fishfarmingexpert.com/fish-oil-fishmeal-iffo/marine-ingredients-supply-hit-hard-by-loss-of-peruvian-anchovies/1579787

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