# El Niño's dark cloud hangs over second Peru anchovy season

> El Niño conditions are threatening Peru's second anchovy season in the north-central waters, a key raw material source for global fishmeal. Peru is described as a swing producer for the global fishmeal market.

- Date: 2023-07-10 · published 2023-07-10T12:00:00.000Z
- Category: weather · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/34936-el-nino-s-dark-cloud-hangs-over-second-peru-anchovy-season
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

El Niño-driven risk to Peruvian anchovy catches tightens fishmeal supply, supporting prices for fishmeal and soymeal substitutes.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-05-25 | [Peru: El Niño delays anchovy fishing season](https://feedsoft.ai/events/35843-peru-el-nino-delays-anchovy-fishing-season.md) | -2.3% | +6.9% |
| SBM | 2023-06-01 | [Peru anchovy firms concerned over El Niño-driven delays to main fishing season](https://feedsoft.ai/events/35841-peru-anchovy-firms-concerned-over-el-nino-driven-delays-to-main-fishing-season.md) | +2.6% | +1.5% |
| SBM | 2024-01-12 | [Peru ends second anchovy season \| The Fish Site](https://feedsoft.ai/events/32058-peru-ends-second-anchovy-season-the-fish-site.md) | -0.1% | -3.3% |
| SBM | 2024-01-12 | [Aquafeed.com \|
   

   
    Peru’s second anchovy season closes with 75% of the quota landed](https://feedsoft.ai/events/32053-aquafeed-com-peru-s-second-anchovy-season-closes-with-75-of-the-quota-landed.md) | -0.1% | -3.3% |
| SBM | 2024-01-15 | [Peru closes anchovy season with unfulfilled quota](https://feedsoft.ai/events/32054-peru-closes-anchovy-season-with-unfulfilled-quota.md) | +1.1% | -1.2% |

## Sources

- intrafish.com: https://www.intrafish.com/fisheries/el-ni-os-dark-cloud-hangs-over-second-peru-anchovy-season/2-1-1481610

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