# Strong Peruvian anchovy catches push down fishmeal prices - Undercurrent News

> Undercurrent News reports that strong Peruvian anchovy catches have pushed fishmeal prices down. The article describes the price move without indicating a new policy or shock.

- Date: 2017-06-09 · published 2017-06-09T12:00:00.000Z
- Category: market · region Peru · magnitude low
- Page: https://feedsoft.ai/events/70421-strong-peruvian-anchovy-catches-push-down-fishmeal-prices-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Heavier anchovy landings increase fishmeal supply and weigh on prices, which lowers protein feed costs for buyers. The effect is likely modest unless catches stay strong.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2017/06/09/peruvian-anchovy-catches-pressure-fishmeal-prices/

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