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El Niño has reduced the availability of several traditional fish species off Peru’s coast in 2026, affecting industrial and artisanal fisheries. Lower mackerel availability, a bonito fishing ban, and reduced squid landings have added to the supply shortage, while other tropical and oceanic species have not made up the shortfall.
Reduced fish availability in Peru could tighten supplies of fish-derived ingredients and support fishmeal prices if it constrains raw material supply.
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.