# News detail

> FAO's fisheries market update covers several products, including Alaska cancelling its snow crab and red king crab seasons and ICES proposing cuts to North Atlantic mackerel and herring quotas. It also notes that Peru has halted most fishing, leaving global fishmeal and fish oil supplies depleted.

- Date: 2023-03-13 · published 2023-03-13T12:00:00.000Z
- Category: disease · region Global · magnitude medium
- Page: https://feedsoft.ai/events/36949-news-detail
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Peruvian fishing halts and proposed North Atlantic quota cuts tighten global fishmeal supply, supporting fishmeal prices and raising costs for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- fao.org: https://www.fao.org/in-action/globefish/news-events/news/news-detail/40/en

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