# Peru sets anchovy fishing quota below expectations - Undercurrent News

> Peru's production ministry set the second anchovy fishing quota for the north-central zone below market expectations. The lower total allowable catch tightens the outlook for fishmeal supply.

- Date: 2017-11-17 · published 2017-11-17T12:00:00.000Z
- Category: policy · region Peru · magnitude high
- Page: https://feedsoft.ai/events/67888-peru-sets-anchovy-fishing-quota-below-expectations-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A smaller anchovy catch reduces Peruvian fishmeal output, which is a key protein feed ingredient, and supports higher fishmeal and substitute meal prices.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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% |
| 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 | 2019-06-28 | [Peru bans anchovy fishing for 10 days, drawing season to likely close - Undercurrent News](https://feedsoft.ai/events/58492-peru-bans-anchovy-fishing-for-10-days-drawing-season-to-likely-close.md) | -2.7% | -2.9% |
| SBM | 2023-04-20 | [Peru fishmeal industry awaits anchovy quota as biomass survey kicks off - Undercurrent News](https://feedsoft.ai/events/36293-peru-fishmeal-industry-awaits-anchovy-quota-as-biomass-survey-kicks-off.md) | -5.0% | -6.4% |

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2017/11/17/peru-sets-anchovy-fishing-quota-below-expectations/

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