Tridge summary
The International Fishmeal and Oil Organization (Iffo) has announced a 40% increase in global fishmeal production in the first half of 2024, largely due to Peru's decision to increase anchovy quotas. The Peruvian anchovy fishery, which contributes 20% to global fishmeal production, has seen a boost following the impact of the El Niño climate phenomenon in 2023. Additionally, Iffo has reported a 10.8% increase in fish oil volumes in the same timeframe.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Iffo (International Fishmeal and Oil Organization) has announced a 40% increase in global fishmeal production in the first half of 2024. The explanation lies in Peru. The country has significantly increased its anchovy quotas, after a year 2023 weighed down by the El Niño climate phenomenon. And the resource was there in 2024! The Peruvian anchovy fishery alone accounts for 20% of ...
Source: Pdm-seafoodmag
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