Peru’s anchovy fishing quota hits a new high: 2.51 million tons exceeds expectations

The Peruvian Ministry of Production recently announced the second season of anchovy fishing in the central and northern regions of Peru in 2024, with a quota of 2.51 million tons, which greatly exceeded the industry's expectations. This fishing season will officially start on November 1, which has excited the entire global fishmeal and fish oil market. The fishing quota has greatly exceeded expectations Previously, industry insiders generally believed that the anchovy fishing quota would be around 1.7 million tons, but the evaluation results of the Peruvian Marine Research Institute (Imarpe) showed that the resource situation was excellent, so the production department set the quota at 2.51 million tons. This high quota shows the relative abundance of anchovy resources and also brings huge raw material supply guarantees to global fishmeal and fish oil processing plants. Anchovy is the main source of fishmeal and fish oil. Raw materials are widely used in feed production for ...