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ADEX estimates about 80,000 fishing-related jobs could be compromised if El Niño keeps part of Peru's fleet inactive. The association says a late start to the anchoveta season or a smaller quota would extend vessel idling.
Peruvian fishery exports fell 13.3% year on year to US$2.977 billion in January-August 2026.
A delayed or reduced anchoveta quota prolongs the shortfall of Peruvian fishmeal and fish oil, keeping feed protein prices firm while buyers seek substitutes.
Not 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.