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Peru reported a 51.9 percent drop in total fishing activity in June 2026, with anchoveta landings down 99.9 percent year-on-year to 629 tonnes from 462,302 tonnes. Authorities attributed the temporary suspension to elevated sea temperatures on the central and northern coasts linked to El Niño.
Peru supplies roughly 20 to 30 percent of global fishmeal exports, so a near-halt in landings tightens global supply and pushes up fishmeal and fish oil prices, with possible spillover into soybean meal.
hamerintel.comAug 1, 2026Not enough comparable past events yet for a historical read.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
