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Japanese sardine fishermen off eastern Hokkaido recorded no catch this season, the first zero season in about 25 years, halting fishmeal plants. Japan's fisheries agency estimates Pacific sardine biomass fell from over 5 million tonnes in 2022 to 1.69 million tonnes in 2025 and proposes cutting the 2027 catch limit sharply.
Losing Japanese sardine supply removes another fishmeal and fish oil source at a time when Peru's catch is also constrained, tightening global fishmeal supply and supporting prices.
theseafoodintelligence.comSource: 海产智讯Nov 5, 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.
