# In Peru, Fishing Less Anchoveta Pays Off

> The Peruvian government, with World Bank help, overhauled management of the industrial anchoveta fishery by moving to rights-based quotas set by a scientific body. A quarter of the fleet was decommissioned and displaced workers received compensation and training.

- Date: 2017-03-06 · published 2017-03-06T12:00:00.000Z
- Category: policy · region Peru · magnitude low
- Page: https://feedsoft.ai/events/71905-in-peru-fishing-less-anchoveta-pays-off
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Lower catch volumes from a more controlled, recovering stock tighten the supply of fishmeal and fish oil used in livestock and aquaculture feed, supporting prices over time.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- worldbank.org: https://www.worldbank.org/en/news/feature/2017/03/06/peru-anchoveta-pescadores

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