# Peruvian fishmeal sector knew that biomass figures were not true - Undercurrent News

> Undercurrent News reports that Peru's fishmeal sector allegedly knew that official anchovy biomass figures were not accurate. The allegation centres on overstated stock estimates that underpinned fishing quotas.

- Date: 2020-02-04 · published 2020-02-04T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/54512-peruvian-fishmeal-sector-knew-that-biomass-figures-were-not-true-undercurrent
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

If biomass and quotas were inflated, future Peruvian anchovy catches and fishmeal output could be cut back once the figures are corrected, tightening global fishmeal supply and supporting prices.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2020/02/04/peruvian-fishmeal-sector-knew-that-biomass-figures-were-not-true/

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