# Peru halts first anchovy season – World Fishing

> Peru's Ministry of Production has cancelled the first 2023 anchovy season in the north-central zone after exploratory fishing from 3 to 7 June found no biological conditions for extraction. Juveniles made up 86.3% of individuals landed, and the ministry will reassess the resource in two to three weeks.

- Date: 2023-06-12 · published 2023-06-12T12:00:00.000Z
- Category: policy · region Peru · magnitude high
- Page: https://feedsoft.ai/events/35391-peru-halts-first-anchovy-season-world-fishing
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Peru supplies about 20% of global fishmeal and fish oil, so a delayed season tightens near-term fishmeal supply and supports prices for fishmeal and the soymeal substitutes used in aquafeed.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2023-06-15 | 1 | +4.4% | 4.8 | Peru's cancellation of the anchovy season on 2023-06-12 cuts fishmeal supply, which can raise demand for soybean meal as a protein substitute. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2023-06-12 | [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 | 2023-07-21 | [Market awaits news on first anchovy fishing season in Peru](https://feedsoft.ai/events/34935-market-awaits-news-on-first-anchovy-fishing-season-in-peru.md) | +4.5% | -7.2% |
| 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 | 2023-07-06 | [Peru Cancels Anchovy Season - Aquaterra](https://feedsoft.ai/events/34934-peru-cancels-anchovy-season-aquaterra.md) | +0.6% | +7.8% |

## Sources

- worldfishing.net: https://www.worldfishing.net/news/fisheries/peru-halts-first-anchovy-season/

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