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Peru's meteorological service Senamhi says El Niño is in an extraordinary phase and warm sea temperatures off the Peruvian coast are still rising. Senamhi expects peak intensity between December and January, possibly extending into February.
Sea surface temperatures above 26 °C have been recorded off Tumbes and Piura.
A late-year peak in El Niño strengthens the expected collapse in anchoveta catches and fishmeal output during the next fishing season. That supports firmer fishmeal prices and may also affect Peruvian coastal crops.
andina.peNov 3, 2026Not 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.
