# IFFO explains controversial diversion of anchovy meant for human consumption into fishmeal

> IFFO argued that there may be genuine market reasons for Peruvian anchovy intended for human consumption being used as fishmeal, while condemning illegal acts. The statement follows the Oceana report on diverted anchovy.

- Date: 2019-02-25 · published 2019-02-25T12:00:00.000Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/60513-iffo-explains-controversial-diversion-of-anchovy-meant-for-human-consumption
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The explanation points to market incentives that could keep diverted anchovy flowing into fishmeal, which may limit any tightening of supply and leave fishmeal prices little changed.

## Read by commodity

- FISHMEAL: neutral

## Sources

- intrafish.com: https://www.intrafish.com/fisheries/iffo-there-may-be-genuine-market-reasons-why-peruvian-anchovy-was-misused-as-fishmeal/2-1-549805

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