
Peru is considering allowing fishing companies to temporarily suspend workers’ duties and pay amid El Niño-related pressure on the sector, but the measure would not cover most workers because 84.7% of fishing employment was informal in the second quarter of 2026. Fishing output fell year over year in June, July and August, while average formal-sector income dropped 26.7% from July 2025 to July 2026.
The article describes the effects of El Niño on Peru’s fishing activity and employment, but does not establish a specific change in fishmeal or other feed-commodity supply. Lower fishing output could constrain fishmeal inputs if the decline affects reduction fisheries.
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.