# IFFO: Fishmeal supply from other nations will dictate market if pivotal Peru anchovy season is cancelled

> IFFO says fishmeal supply from other countries will determine the market if Peru's pivotal anchovy season is cancelled. Expectations of a low quota have already lifted fishmeal and fish oil prices.

- Date: 2023-05-17 · published 2023-05-17T12:00:00.000Z
- Category: market · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/35845-iffo-fishmeal-supply-from-other-nations-will-dictate-market-if-pivotal-peru
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

A possible shortfall of about 2 million metric tons would force buyers to source from other origins, keeping fishmeal and fish oil prices firm.

## Read by commodity

- PALMOIL: neutral
- FISHMEAL: bullish ▲

## Sources

- intrafish.com: https://www.intrafish.com/fisheries/iffo-fishmeal-supply-from-other-nations-will-dictate-market-if-pivotal-peru-anchovy-season-is-cancelled/2-1-1452453

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