Peruvian anchovy production season approved, with quota of 1.68 million tons, doubts in the industry still exist

Published Oct 25, 2023

Tridge summary

The Peruvian Ministry of Production approved the second anchovy fishing season with a quota of 1.682 million tons, based on scientific calculations to ensure sustainability. The anchovy biomass is currently at a healthy level with 7.18 million tons, indicating a rise in population. However, concerns remain about the presence of juvenile fish and possible impacts of the El Niño phenomenon, leading to uncertainty in production and market prices for fishmeal and fish oil.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Peruvian Ministry of Production approved the second anchovy fishing season in the central and northern regions on the 22nd, which was officially launched on October 26, with a total quota of 1.682 million tons. At the same time, the five-day exploratory fishing started on October 21. ​ Ana Maria Choquehuanca, the new Minister of Production of Peru, said that the approved quotas were scientifically calculated to ensure fishery activities within sustainable limits and were in line with the recommendations of the Peruvian Marine Research Institute (Imarpe). ​ According to Imarpe's comprehensive assessment, the anchovy biomass is 7.18 million tons, an increase of 7.8% from the average data from 1996 to 2022. Even at the end of this season, Peruvian waters will retain 5 million tons of spawning anchovies. , enough to keep the population within a sustainable range. This indicates that the anchovy population is at a healthy level, as the Peruvian anchovy has experienced ...
Source: Foodmate

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