# El Nino will not likely hurt anchovy catches in Peru-industry – El Niño Ready Nations

> Peru's fishing industry head said the localized El Niño that caused deadly downpours is unlikely to threaten the expected rebound in anchovy catches this year. The comment came from a Reuters report in Lima.

- Date: 2017-07-02 · published 2017-07-02T12:00:00.000Z
- Category: weather · region Peru · magnitude low
- Page: https://feedsoft.ai/events/70047-el-nino-will-not-likely-hurt-anchovy-catches-in-peru-industry-el-nino-ready
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A strong anchovy season would increase fishmeal supply and pressure prices lower, while a weak season would tighten supply.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- elninoreadynations.com: https://elninoreadynations.com/el-nino-will-not-likely-hurt-anchovy-catches-in-peru-industry/

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