# Peruvian’s bump harvest of anchovy: constant drop in prices

> Peru's second anchovy season (November 2016 to January 2017) reached over 98 percent of its 2 million tonne quota. The first 2017 season quota was set 56 percent higher than a year earlier, at 2.8 million tonnes. Fishmeal and fish oil output rose sharply in Peru, Chile and Northern Europe in the first quarter.

- Date: 2017-02-10 · published 2017-02-10T12:00:00.000Z
- Category: report · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/72402-peruvian-s-bump-harvest-of-anchovy-constant-drop-in-prices
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Abundant anchovy landings expand fishmeal supply and push fishmeal prices lower after a six-month decline. Analysts expect prices to stabilise and then possibly rebound later in the year.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- fao.org: https://www.fao.org/in-action/globefish/news-events/news/news-detail/Peruvian-s-bump-harvest-of-anchovy-constant-drop-in-prices/en

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