# Peru ups first anchovy quota 56% - Undercurrent News

> Peru has raised its first anchovy fishing quota by 56%. The increase expands the catch allowed for the fishery that supplies most of the world's fishmeal.

- Date: 2017-04-20 · published 2017-04-20T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/71393-peru-ups-first-anchovy-quota-56-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

A larger anchovy catch means more fishmeal and fish oil supply, which tends to pressure fishmeal prices lower and eases feed protein costs for buyers.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2017/04/20/peru-ups-first-anchovy-quota-56/

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