# Nervous fishmeal market assesses fallout from early closure of Peru anchovy season

> Peru's northern-central anchovy season closed early after only 36 percent of its quota was harvested, in order to protect abundant juvenile fish. The fishmeal market is reacting nervously to the loss of expected supply.

- Date: 2020-01-15 · published 2020-01-15T12:00:00.000Z
- Category: policy · region Peru · magnitude high
- Page: https://feedsoft.ai/events/55007-nervous-fishmeal-market-assesses-fallout-from-early-closure-of-peru-anchovy
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A smaller Peruvian anchovy catch cuts global fishmeal supply, which tightens feed protein and tends to lift fishmeal prices and support demand for soybean meal as a substitute.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-07-21 | [Market awaits news on first anchovy fishing season in Peru](https://feedsoft.ai/events/34935-market-awaits-news-on-first-anchovy-fishing-season-in-peru.md) | +4.5% | -7.2% |
| SBM | 2018-01-25 | [Peru orders anchovy season closure - Undercurrent News](https://feedsoft.ai/events/66915-peru-orders-anchovy-season-closure-undercurrent-news.md) | -1.2% | +10.2% |
| SBM | 2026-04-10 | [Peru anchovy quota cut underscores cautious outlook for fishmeal supply](https://feedsoft.ai/events/19616-peru-anchovy-quota-cut-underscores-cautious-outlook-for-fishmeal-supply.md) | +4.4% | +2.0% |
| SBM | 2019-12-17 | [Peru fishing body requests anchovy closure as juveniles make up '90%' of catches](https://feedsoft.ai/events/55487-peru-fishing-body-requests-anchovy-closure-as-juveniles-make-up-90-of-catches.md) | +0.0% | -0.4% |
| SBM | 2023-06-19 | [Peru's canceled anchovy season puts boosters on fishmeal prices in China - Undercurrent News](https://feedsoft.ai/events/35569-peru-s-canceled-anchovy-season-puts-boosters-on-fishmeal-prices-in-china.md) | -0.5% | +4.9% |

## Sources

- intrafish.com: https://www.intrafish.com/fisheries/nervous-fishmeal-market-assesses-fallout-from-early-closure-of-peru-anchovy-season/2-1-738267?zephr_sso_ott=aTn9c9

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