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Peru's Ministry of Production authorised the second industrial anchovy season in the north-central zone, starting 28 November 2022, with a total catch limit of 2,283,000 tonnes. IFFO said the quota points to a healthy biomass estimated at 6.8 million tonnes.
A larger anchovy catch allowance adds fishmeal and fish oil supply, since Peruvian anchovy supplies roughly 20% of global fishmeal, which is bearish for fishmeal prices.
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