# Aquafeed.com |
   

   
    IFFO reports 10% decrease in fishmeal production in 2023

> IFFO reports cumulative fishmeal production in the first five months of 2023 down more than 10% year over year. Peru's output fell about 50% because its first fishing season has not been authorized, and fish oil output fell 22%. China's domestic output also remains weak and it is importing more fishmeal.

- Date: 2023-07-25 · published 2023-07-25T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/35121-aquafeed-com-iffo-reports-10-decrease-in-fishmeal-production-in-2023
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The supply shortfall from Peru and China's import demand tighten global fishmeal availability and support higher fishmeal prices for feed formulators.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- aquafeed.com: https://www.aquafeed.com/commodities/commodity-news/iffo-reports-10-decrease-in-fishmeal-production-in-2023/

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