# Fishmeal up 35% since July as Peru skips second anchoveta season

The World Bank put fishmeal at $2,840/t in October, 35% above July, and the EU paid 28.7% more for non-EU fishmeal in January–August. Peru will not authorize a second anchoveta season in 2026.

Published 2026-11-14 by the Feedsoft Markets Desk. Covers: FISHMEAL, SBM.

Video (44s): https://feedsoft.ai/media/social/158/youtube-fdd8614df9.mp4

## Transcript

- **Fishmeal: $2,840 a tonne** That was October in the World Bank's monthly series, 35% above July.
- **September peak: $2,916** October eased slightly from September's high but stayed far above midsummer levels.
- **EU import bill up 28.7%** Eurostat: the EU paid an average €1,848 per tonne for non-EU fishmeal in January–August 2026, 28.7% more than a year earlier.
- **No second Peru season in 2026** Peru won't authorize a second anchoveta season, citing El Niño and very low biomass. Peru is the EU's main fishmeal supplier.
- **What it means for buyers** Supply stays tight. Compare fishmeal inclusion against soybean meal and other proteins where your formulas allow.

Full analysis: https://feedsoft.ai/events/98498-fishmeal-price-rose-35-since-july-and-the-eu-paid-28-7-more-for-its-imports

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.