# Peru minister warns first anchovy season could be cancelled, potentially taking millions of tons off fishmeal market

> Peru's Production Minister warned the first anchovy season in the north-central waters could be cancelled. Such a closure would remove millions of tons of anchoveta from the fishmeal supply chain.

- Date: 2023-05-16 · published 2023-05-16T12:00:00.000Z
- Category: disease · region Peru · magnitude high
- Page: https://feedsoft.ai/events/35839-peru-minister-warns-first-anchovy-season-could-be-cancelled-potentially-taking
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Peru supplies roughly 20% of global fishmeal, so a cancelled season would tighten fishmeal supply and push up feed ingredient costs for aquaculture and livestock.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-08-21 | [Canceled Peru anchovy season costs industry $1 billion; fishmeal plants shut down for first time in 30 years](https://feedsoft.ai/events/34466-canceled-peru-anchovy-season-costs-industry-1-billion-fishmeal-plants-shut-down.md) | +2.6% | -3.1% |
| SBM | 2026-10-12 | [Peru cancels second anchovy season with super prime fishmeal prices in China back at record high - Undercurrent News](https://feedsoft.ai/events/514-peru-cancels-second-anchovy-season-with-super-prime-fishmeal-prices-in-china.md) | -2.5% | — |
| SBM | 2018-02-02 | [Peru’s Anchovy Season Has Officially Ended With Shortfall - Saving Seafood](https://feedsoft.ai/events/66413-peru-s-anchovy-season-has-officially-ended-with-shortfall-saving-seafood.md) | +2.3% | +16.8% |
| SBM | 2023-07-24 | [Are hopes for the resumption of Peru's anchovy season fizzling out?](https://feedsoft.ai/events/34937-are-hopes-for-the-resumption-of-peru-s-anchovy-season-fizzling-out.md) | +2.4% | -6.8% |
| SBM | 2026-08-19 | [Seafood Media Group - Worldnews - China Faces a New Surge in Fishmeal Prices as Peru Keeps Anchovy Fisheries Restricted](https://feedsoft.ai/events/17981-seafood-media-group-worldnews-china-faces-a-new-surge-in-fishmeal-prices-as.md) | +1.6% | +9.6% |

## Sources

- intrafish.com: https://www.intrafish.com/fisheries/peru-minister-warns-first-anchovy-season-could-be-cancelled-potentially-taking-millions-of-tons-off-fishmeal-market/2-1-1452394

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