Peru has officially declared the start of the first anchovy fishing season of 2024, scheduled to begin at midnight on April 16, with a higher quota than in the second 2023 season Continue reading
Despite a higher blue whiting quota, there is still uncertainty on capelin and sand eel quotas, with a risk of no catches at all, leaving Europe to face a shortfall of raw material for fishmeal and fish oil Continue reading
The resurgence of Peruvian fishmeal production, accounting for a substantial share of worldwide output, may not materialize as swiftly as anticipated by some Continue reading
China boosted purchases from other leading suppliers like Vietnam, Russia, Thailand and India; their collective shipments jumped 29% to nearly 1.2m metric tons, a new record
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In a bid to ensure food security and prioritize direct human consumption over industrial processes, Mauritania introduced a regulation in 2023, placing a cap on the amount of pelagic catches processed for indirect human consumption Continue reading
Despite a relatively successful second anchovy season in Peru that ended last month, the global fishmeal market remains characterized by high prices and limited availability Continue reading
Fishmeal prices are expected to undergo a gradual decrease in 2024, as supply normalizes, but they are likely to remain above historical levels, according to Rabobank's forecast Continue reading
China's fishmeal imports saw increases in October after declines for much of the year, according to new government trade data, but tight supplies of high-protein meal from Peru continue to roil the market Continue reading
Peru's second anchovy fishing season has been hit by the arrival of a warm Kelvin wave; fish oil prices continue at record highs amid low yields Continue reading
El Nino is nothing new, but the severity of the transition from La Nina to El Nino in June 2023 was dramatic, even to fishmeal industry stalwarts Continue reading
