# Peru's new anchovy quota might depress the market - Undercurrent News

> Analysts say Peru's newly set anchovy quota could weigh on the market. The quota applies to the fishery that supplies the bulk of global fishmeal output.

- Date: 2017-04-17 · published 2017-04-17T12:00:00.000Z
- Category: policy · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/71394-peru-s-new-anchovy-quota-might-depress-the-market-undercurrent-news
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Expected higher anchovy landings point to more fishmeal supply, which would put downward pressure on fishmeal prices and make the protein ingredient cheaper for feed formulators.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- undercurrentnews.com: https://www.undercurrentnews.com/2017/04/17/perus-new-anchovy-quota-might-depress-the-market/

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