# Fishmeal prices jump as Peru partially suspends anchovy fishing - Undercurrent News

> Peru has partially suspended its anchovy fishing season, tightening supply of fishmeal. Fishmeal prices jumped on the news.

- Date: 2019-12-23 · published 2019-12-23T12:00:00.000Z
- Category: policy · region Peru · magnitude high
- Page: https://feedsoft.ai/events/55486-fishmeal-prices-jump-as-peru-partially-suspends-anchovy-fishing-undercurrent
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Anchovy is the main raw material for fishmeal, so a partial closure cuts global supply and supports prices for fishmeal and feed-grade protein substitutes such as soybean meal.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-06-15 | [Peru extends anchovy fishing ban with no end date as fishmeal prices rise again - Undercurrent News](https://feedsoft.ai/events/18873-peru-extends-anchovy-fishing-ban-with-no-end-date-as-fishmeal-prices-rise-again.md) | -1.2% | +4.5% |
| SBM | 2026-04-27 | [Peru shuts most anchovy fishing grounds amid high juvenile catch, fishmeal prices lift - Undercurrent News](https://feedsoft.ai/events/19619-peru-shuts-most-anchovy-fishing-grounds-amid-high-juvenile-catch-fishmeal.md) | -0.0% | +4.0% |
| 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% |
| SBM | 2017-11-24 | [Peruvian fishmeal prices spike on lower-than-expected anchovy quota - Undercurrent News](https://feedsoft.ai/events/67889-peruvian-fishmeal-prices-spike-on-lower-than-expected-anchovy-quota.md) | +0.0% | -3.1% |
| SBM | 2023-11-27 | [Juvenile anchovy concerns prompt plea for suspension of Peru's second fishing season - Undercurrent News](https://feedsoft.ai/events/33073-juvenile-anchovy-concerns-prompt-plea-for-suspension-of-peru-s-second-fishing.md) | -5.8% | -11.3% |

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2019/12/23/fishmeal-prices-jump-as-peru-partially-suspends-anchovy-fishing/

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