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Peru's government declared a state of emergency across 893 districts in 22 departments and Callao under Decree 124-2026-PCM. President Keiko Fujimori cancelled her trip to the Ibero-American Summit in Madrid to lead the response.
The Enfen commission warned that El Niño could reach extraordinary strength in the 2026–2027 cycle.
A strong El Niño threatens Peru's anchovy catch and the fishmeal output that feeds global aquaculture and livestock, which points to tighter protein meal supply and higher prices.
latintimes.comAzucena SalazarNov 2, 2026Not enough comparable past events yet for a historical read.
After 453 past bullish weather events, Soybean Meal moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
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.
