# Fujimori Withdraws From Ibero-American Summit as Peru Declares El Niño State of Emergency

> 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.

- Date: 2026-11-02 · published 2026-11-03T00:45:57.905Z
- Category: weather · region Peru · magnitude medium
- Page: https://feedsoft.ai/events/76785-fujimori-withdraws-from-ibero-american-summit-as-peru-declares-el-nino-state-of
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2020-11-17 | [#Agbiz: East African, South American crops at risk with La Niña \| OFM](https://feedsoft.ai/events/50068-agbiz-east-african-south-american-crops-at-risk-with-la-nina-ofm.md) | +1.4% | -0.3% |
| SBM | 2023-05-25 | [Peru: El Niño delays anchovy fishing season](https://feedsoft.ai/events/35843-peru-el-nino-delays-anchovy-fishing-season.md) | -2.3% | +6.9% |
| SBM | 2018-11-23 | [AgroPages-Brazil: El Niño alters the dynamics of pests and diseases, and demands attention from farmers-Agricultural news](https://feedsoft.ai/events/61882-agropages-brazil-el-nino-alters-the-dynamics-of-pests-and-diseases-and-demands.md) | +0.1% | -0.3% |
| SBM | 2023-04-27 | [El Nino May Boost Soil Moisture in May for South American Wheat](https://feedsoft.ai/events/36317-el-nino-may-boost-soil-moisture-in-may-for-south-american-wheat.md) | -0.7% | -6.2% |
| SBM | 2021-02-22 | [Dry weather concerns extend from South America into North America](https://feedsoft.ai/events/48467-dry-weather-concerns-extend-from-south-america-into-north-america.md) | -0.6% | -5.1% |

## Sources

- latintimes.com: https://www.latintimes.com/fujimori-cancels-madrid-summit-el-nino-response-600803

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