# Fishmeal production low in 2016, 2017 forecast looks positive

> FAO's Globefish report says global fishmeal output fell in 2016, with Peru's anchovy season full of swings. El Niño is ending and no major factors threaten the 2017 Peruvian season. Strong expected anchovy landings and growing aquaculture demand support a short-term price rise.

- Date: 2017-06-20 · published 2017-06-20T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/70419-fishmeal-production-low-in-2016-2017-forecast-looks-positive
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Expected Peruvian landings of 2 to 2.5 million tonnes would ease supply, but rising demand from shrimp and salmon farming could push fishmeal prices up in the short term. Higher fishmeal prices raise feed costs for pig and poultry buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- fao.org: https://www.fao.org/in-action/globefish/news-events/news/news-detail/Fishmeal-production-low-in-2016-2017-forecast-looks-positive/en

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