# Peru bans anchovy fishing for 10 days, drawing season to likely close - Undercurrent News

> Peru has banned anchovy fishing for 10 days, which is likely to bring the current fishing season to a close. The ban is a regulatory measure that cuts landings during the season.

- Date: 2019-06-28 · published 2019-06-28T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/58492-peru-bans-anchovy-fishing-for-10-days-drawing-season-to-likely-close
- 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 fishing halt tightens global supply and supports fishmeal prices. Buyers relying on fishmeal in feed should expect firmer prices and possible substitution toward soybean meal.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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% |
| SBM | 2017-11-17 | [Peru sets anchovy fishing quota below expectations - Undercurrent News](https://feedsoft.ai/events/67888-peru-sets-anchovy-fishing-quota-below-expectations-undercurrent-news.md) | +4.3% | +3.3% |
| SBM | 2018-01-12 | [Peru to revise tuna landings regulation; sets new anchovy mini-bans - Undercurrent News](https://feedsoft.ai/events/66917-peru-to-revise-tuna-landings-regulation-sets-new-anchovy-mini-bans-undercurrent.md) | +7.1% | +11.0% |
| SBM | 2026-04-01 | [Peru sets first-season anchovy quota at 1.91m metric tons, down 36% - Undercurrent News](https://feedsoft.ai/events/19617-peru-sets-first-season-anchovy-quota-at-1-91m-metric-tons-down-36-undercurrent.md) | -0.7% | +4.2% |

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2019/06/28/peru-bans-anchovy-fishing-for-10-days-drawing-season-to-likely-close/

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