# Peru gov’t approves restart of second anchovy season  - Undercurrent News

> Peru's government has approved a restart of the second anchovy fishing season. The report is dated January 6, 2018. The decision lets vessels resume catching anchovy for fishmeal.

- Date: 2018-01-06 · published 2018-01-06T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/66916-peru-gov-t-approves-restart-of-second-anchovy-season-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Restarting the season adds fishmeal supply to the market, which would ease upward pressure on fishmeal prices and reduce the substitution demand for soybean meal.

## Read by commodity

- SBM: bearish ▼
- FISHMEAL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-04-06 | [Peru's north-center anchovy TAC set at 3.3m metric tons - Undercurrent News](https://feedsoft.ai/events/65420-peru-s-north-center-anchovy-tac-set-at-3-3m-metric-tons-undercurrent-news.md) | -0.1% | +3.9% |
| SBM | 2024-02-06 | [New Government and the Demands of the Soybean Sector in Argentina](https://feedsoft.ai/events/13938-new-government-and-the-demands-of-the-soybean-sector-in-argentina.md) | -2.8% | -8.4% |
| SBM | 2024-02-02 | [SCIO press conference on performance of agriculture and rural economy in 2023 \| english.scio.gov.cn](https://feedsoft.ai/events/31659-scio-press-conference-on-performance-of-agriculture-and-rural-economy-in-2023.md) | -3.3% | -8.0% |
| SBM | 2022-05-02 | [Peru ups anchovy quota – World Fishing](https://feedsoft.ai/events/41297-peru-ups-anchovy-quota-world-fishing.md) | -3.9% | -2.8% |
| SBM | 2024-06-07 | [China's Pig Prices Rebound in 2024 Due to Market Recovery and Government Intervention](https://feedsoft.ai/events/29749-china-s-pig-prices-rebound-in-2024-due-to-market-recovery-and-government.md) | +1.1% | +2.0% |

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2018/01/06/peru-govt-approves-restart-of-second-anchovy-season/

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