# COVID-19 hits Latin America's fishing hard

> COVID-19 is hitting Latin American fishing, with lower consumption, closed food service, and export disruption. In Peru, fishmeal and fish oil plants were due to start maintenance before the anchovy season, and processing is running below 40% of capacity.

- Date: 2020-04-09 · published 2020-04-09T12:00:00.000Z
- Category: disease · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/53552-covid-19-hits-latin-america-s-fishing-hard
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Reduced Peruvian processing capacity tightens fishmeal supply, supporting fishmeal prices for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- mag.hookandnet.com: https://mag.hookandnet.com/2020/04/09/2020-04latinameng/content.html

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