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The Atlantic States Marine Fisheries Commission voted on November 11 to cap industrial menhaden harvest in the Chesapeake Bay at about 21% of the species' East Coast catch for the next two years. The Bay cap falls from 51,000 metric tons to 33,847 in 2028, with a 27% cut for 2027.
The reduction fishery in Virginia, which makes fish meal and oil, is the main affected user.
Lower menhaden supply for reduction could tighten fishmeal and fish oil availability on the US East Coast, supporting fishmeal prices modestly. The effect is limited because the Bay is a small part of total menhaden catch.
bayjournal.comLauren Hines-Acosta, Timothy B. Wheeler, Dave HarpNov 12, 2026Not 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.
