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Peru's first 2016 fishmeal season was closed early in July 2016 with less than half its quota caught, and the 2016 start was delayed to 1 July. Landings from the first season reached only about 900,000 tonnes against a 1.8 million tonne quota.
El Niño effects and an unscheduled closure have cut anchovy catches over the past three years.
Repeated short seasons tighten global fishmeal supply, which supports fishmeal prices. The article suggests the second season is unlikely to offset the shortfall.
thefishsite.comLucy TowersFeb 24, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
