# Reinforcing Omega-3 Supply Networks - Nutraceuticals World

> Peru's Ministry of Production cancelled the first of two 2023 anchovy seasons because juvenile fish made up a large share of biomass. A later 10-day exploratory fishing period in August produced only a small catch. Peru produced about 90,500 metric tons of anchovy fish oil in 2022, and a government commission expects El Niño effects to persist until March 2024.

- Date: 2023-09-29 · published 2023-09-29T12:00:00.000Z
- Category: weather · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/33994-reinforcing-omega-3-supply-networks-nutraceuticals-world
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Continued El Niño warming and weak anchovy stocks point to constrained fishmeal and fish oil supply into 2024, supporting marine protein prices. Buyers of fishmeal-based feed should expect firm pricing.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- nutraceuticalsworld.com: https://www.nutraceuticalsworld.com/reinforcing-omega-3-supply-networks/

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