Peru's squid season ends with no catch limit, quality decline, and 2026 quota potentially returning to "high-level stability"

One, quota "breakthrough," year-end fishing enters flexible stage According to the latest ministerial resolution No. 000415-2025-PRODUCE issued by the Peruvian Ministry of Production (PRODUCE), the supplementary quota for 2025 is 38,859 tons. However, due to good catch performance, the quota has already been basically completed. The official document clearly states that if the actual catch exceeds the limit, the 2026 quota will be used in advance and compensatory measures will be taken. This means that manual fishing boats that have not completed three fishing operations by December 31 this year can still continue to go out to sea for fishing, and the quota constraints have been "relaxed." In addition, for fishing boats originally targeting anchovies (sand lance), if they switch to squid fishing, they need to report the change of target to the regulatory authorities within 48 hours before unloading. This catch will still be counted within the annual allowable three operations. ...