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The eastern Hokkaido sardine seine season closed October 31 with no landings, the first zero catch since 2001. Kushiro Port landings fell from 82,347 tonnes in the first nine months of 2025 to zero in the same period of 2026, hitting fishmeal and fish oil processors.
The complete loss of Japanese sardine landings removes a fishmeal and fish oil supply source, adding to the global shortage and supporting prices.
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.