# Earnings at Peruvian fishmeal producer Exalmar nosedive 84% after anchovy season abandoned

> Peruvian fishmeal producer Exalmar reported an 84% drop in earnings after the second 2019 anchovy season was abandoned due to abundant juvenile fish. The company is looking to recover lost volume in the next season.

- Date: 2020-05-21 · published 2020-05-21T12:00:00.000Z
- Category: logistics · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/53209-earnings-at-peruvian-fishmeal-producer-exalmar-nosedive-84-after-anchovy-season
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Abandoned anchovy seasons reduce Peruvian fishmeal output, which supports fishmeal prices and tightens supply for feed formulators.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- intrafish.com: https://www.intrafish.com/finance/earnings-at-peruvian-fishmeal-producer-exalmar-nosedive-84-after-anchovy-season-abandoned/2-1-813048

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