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ADEX says Peru's seafood shipments will finish 2026 negative due to El Niño impacts on anchovy, with shipments down 13.3% through August. Fishmeal and fish oil from anchovy make up almost 50% of Peru's seafood export value, and the idle fleet and uncertain 2027 season add to risk.
Continued anchovy restrictions in Peru keep fishmeal and fish oil supply constrained into 2027, supporting higher feed protein 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.