# Seafood Media Group - Worldnews - Weekly Market Report: Fishmeal and Fish Oil

> Peru has not yet set the quota for its second 2026 anchovy season, pending IMARPE assessment and a PRODUCE decree. Major producers have not opened aggressive pre-sales, and IFFO projects 2026 global fishmeal supply below 4.6 million tonnes, one of the tightest balances in a decade. FOB Peru is held at $3,420 per tonne.

- Date: 2026-10-19 · published 2026-10-19T12:00:00.000Z
- Category: report · region Peru · magnitude high
- Page: https://feedsoft.ai/events/513-seafood-media-group-worldnews-weekly-market-report-fishmeal-and-fish-oil
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A small Peruvian quota or delayed season would keep global fishmeal tight and prices firm, supporting substitution demand for soymeal.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2022-06-19 | [Grain and Oilseeds: world markets and trade](https://feedsoft.ai/events/41073-grain-and-oilseeds-world-markets-and-trade.md) | -0.7% | -1.3% |
| SBM | 2020-10-02 | [Farming News - ADM Agriculture Oilseed Rape Market Report](https://feedsoft.ai/events/50747-farming-news-adm-agriculture-oilseed-rape-market-report.md) | +4.1% | +9.2% |
| SBM | 2020-11-13 | [ICE weekly outlook: Bull market in canola's grasp - Grainews](https://feedsoft.ai/events/50254-ice-weekly-outlook-bull-market-in-canola-s-grasp-grainews.md) | +1.4% | -1.0% |
| SBM | 2021-11-13 | [GRAIN  PRICE WEEKLY REPORT](https://feedsoft.ai/events/7052-grain-price-weekly-report.md) | +3.1% | +5.6% |
| SBM | 2021-11-12 | [Farming News - ADM OSR market report. Oilseeds values surged following surprisingly bullish USDA report](https://feedsoft.ai/events/7051-farming-news-adm-osr-market-report-oilseeds-values-surged-following.md) | +7.0% | +7.2% |

## Sources

- seafood.media: https://www.seafood.media/fis/worldnews/worldnews.asp?country=&day=19&df=0&id=139748&l=e&monthyear=10-2026&ndb=1&special=

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