Peruvian fishing company Austral Group caught 26,500 tonnes of anchovy, just 20% of its 133,700-tonne allocation for the first 2026 fishing season. Peru suspended the season temporarily in late April and officially ended it in August amid unfavorable ocean conditions, including warmer water and high juvenile fish presence; the company said the shortfall significantly hurt its third-quarter results.
Reduced anchovy catches in Peru can constrain raw material availability for fishmeal production, tightening supply and supporting fishmeal prices.
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