# Peru announces bumper second season anchovy quota of 2.78m metric tons - Undercurrent News

> Peru's Ministry of Production set the second-season anchovy quota at 2.78 million metric tons. The fishing season is set to open in the north-central area.

- Date: 2020-11-08 · published 2020-11-08T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/50073-peru-announces-bumper-second-season-anchovy-quota-of-2-78m-metric-tons
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A large quota means more Peruvian anchovy for fishmeal and fish oil, which adds supply to a market that feed buyers rely on for protein. That supply increase points to softer fishmeal prices.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2020/11/08/peru-announces-bumper-second-season-anchovy-quota-of-2-78m-metric-tons/

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