# Peru Cancels Anchovy Season - Aquaterra

> Peru's government authorized a 1.09 million metric ton first anchovy quota on June 2, a 60% cut from the 2.792 million tons set for 2022's first season. The cut followed warning signs that the season was under threat, and the season was subsequently cancelled.

- Date: 2023-07-06 · published 2023-07-06T12:00:00.000Z
- Category: policy · region Peru · magnitude high
- Page: https://feedsoft.ai/events/34934-peru-cancels-anchovy-season-aquaterra
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharp cut in the Peruvian anchovy quota removes significant fishmeal supply, supporting higher fishmeal and protein meal prices.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-06-09 | [Aquafeed.com \|
   

   
    Peru cancels first anchovy season](https://feedsoft.ai/events/35393-aquafeed-com-peru-cancels-first-anchovy-season.md) | -2.4% | +1.0% |
| SBM | 2023-06-12 | [Peru's ministry cancels first anchovy fishing season](https://feedsoft.ai/events/35575-peru-s-ministry-cancels-first-anchovy-fishing-season.md) | +3.3% | +2.8% |
| SBM | 2023-06-12 | [Peru halts first anchovy season – World Fishing](https://feedsoft.ai/events/35391-peru-halts-first-anchovy-season-world-fishing.md) | +3.3% | +2.8% |
| 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% |
| 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% |

## Sources

- aquaterraomega3.com: https://aquaterraomega3.com/peru-cancels-anchovy-season/

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