# El Niño hits Peruvian fishing industry

> The first anchovy season in Peru's central and northern waters has not opened, with catches to date only around 40,000 tonnes. Industry sources note the first season could normally yield 1 to 1.5 million tonnes.

- Date: 2023-07-05 · published 2023-07-05T12:00:00.000Z
- Category: weather · region Peru · magnitude high
- Page: https://feedsoft.ai/events/34939-el-nino-hits-peruvian-fishing-industry
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Catches far below normal levels signal a large fishmeal supply shortfall, which supports fishmeal prices and demand for soymeal alternatives.

## 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 | 2026-08-01 | [Alert: El Niño slams Peruvian anchovy catch, fishmeal supply…](https://feedsoft.ai/events/4744-alert-el-nino-slams-peruvian-anchovy-catch-fishmeal-supply.md) | -0.8% | +3.6% |
| SBM | 2023-11-27 | [Peru anchovy industry on edge as high number of juvenile fish and bad weather slow fishing](https://feedsoft.ai/events/33072-peru-anchovy-industry-on-edge-as-high-number-of-juvenile-fish-and-bad-weather.md) | -5.8% | -11.3% |
| 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 | 2026-05-29 | [Aquafeed.com \|
   

   
    New temporary suspension of anchovy fishing in Peru](https://feedsoft.ai/events/19164-aquafeed-com-new-temporary-suspension-of-anchovy-fishing-in-peru.md) | -3.9% | -10.3% |

## Sources

- mag.hookandnet.com: https://mag.hookandnet.com/2023/07/05/2023-07elninoeng/content.html

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