
A French trade article says fishmeal supply is tight after weak Peruvian catches and lower output in several regions. It cites Undercurrent News' Louis Harkell, who describes a global supply shock, and notes that only about 25% of Peru's anchovy quota had been caught before the first season closed.
Global fishmeal output could fall below 5 million tonnes in 2026.
Fishmeal is a high-protein feed ingredient with few direct substitutes, so a global supply shortfall supports prices for aquaculture and livestock feed buyers and may lift demand for soybean meal and other protein alternatives.
Not enough comparable past events yet for a historical read.
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.