# Market awaits news on first anchovy fishing season in Peru

> Peru's production ministry cancelled the first anchovy season in early June after the marine institute Imarpe recommended against it following exploratory fishing. Markets are now waiting for news on whether a season will open.

- Date: 2023-07-21 · published 2023-07-21T12:00:00.000Z
- Category: policy · region Peru · magnitude high
- Page: https://feedsoft.ai/events/34935-market-awaits-news-on-first-anchovy-fishing-season-in-peru
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Without the first anchovy season, global fishmeal supply is reduced, which supports fishmeal prices and substitute protein meals.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2023-06-06 | [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% |
| 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 | 2023-06-19 | [Peru's canceled anchovy season puts boosters on fishmeal prices in China - Undercurrent News](https://feedsoft.ai/events/35569-peru-s-canceled-anchovy-season-puts-boosters-on-fishmeal-prices-in-china.md) | -0.5% | +4.9% |

## Sources

- agnavigator.com: https://www.agnavigator.com/Article/2023/07/21/market-awaits-news-on-first-anchovy-fishing-season-in-peru/

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