# Peruvian fishmeal prices spike on lower-than-expected anchovy quota - Undercurrent News

> Peruvian fishmeal prices rose sharply after the anchovy quota was set lower than expected. The price jump followed the announcement of the reduced catch limit.

- Date: 2017-11-24 · published 2017-11-24T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/67889-peruvian-fishmeal-prices-spike-on-lower-than-expected-anchovy-quota
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher Peruvian fishmeal prices raise feed costs for poultry, pig and aquaculture producers and can pull demand toward soybean meal.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 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 | 2019-12-23 | [Fishmeal prices jump as Peru partially suspends anchovy fishing - Undercurrent News](https://feedsoft.ai/events/55486-fishmeal-prices-jump-as-peru-partially-suspends-anchovy-fishing-undercurrent.md) | -0.1% | +0.0% |
| 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 | 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/2017/11/24/peruvian-fishmeal-prices-spike-on-lower-than-expected-anchovy-quota/

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