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IFFO: Peru’s fishing woes drive world fishmeal, oil production dip

Dec. 28, 2023 8:13 AM

The global landscape for fishmeal and fish oil production continues to grapple with significant declines, with Peru emerging as the main influence on this downturn

North America
Study offers new explanation for fluctuations in California anchovy stocks

Dec. 27, 2023 3:21 PM

Research from Scripps and NOAA scientists has discovered ecological correlations that could help explain the booms and busts of the US state's anchovy population

Prices
Chinese fishmeal prices drop again as port inventories surge

By Dec. 14, 2023 10:50 AM

China's fishmeal market took a tumble this week as port inventories swelled rapidly, data showed

Trade
China’s fishmeal inventories exceed 200,000t as prices drop further

By Dec. 11, 2023 10:35 AM

According to Feed Trade, as of Dec 5, the port inventory of fishmeal in China was 200,600t, and the amount imported continues to rise

Latin America
Declining sales of fishmeal, oil, cured products halve Peru’s fishery exports

By Dec. 7, 2023 2:29 PM

Peru exported 78,700 metric tons of fishery products worth $194.4 million, marking year-on-year contractions of 49.1% and 46%, respectively

Supply
Inflation spurs Peru seafood landings value up in Q3 despite notable drop in caught volumes

By Dec. 4, 2023 4:26 PM

Peru saw its wild-caught seafood landings decrease year-on-year to 497,200 metric tons worth PEN 628.6 million in Q3, down by 32% in volume but up 2% in value

Sustainability
Juvenile anchovy concerns prompt plea for suspension of Peru’s second fishing season

Nov. 27, 2023 9:55 AM

Peruvian fishermen are raising concerns about the prevalence of juveniles during the latest development of the second anchovy fishing season of 2023

Prices
Peru nears halfway mark on anchovy quota but fishing is tough

By Nov. 22, 2023 10:08 AM

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

Albacore tuna
Surge in popularity of tinned fish leads to new US businesses

Nov. 20, 2023 3:32 PM

US canned seafood industry sales have grown from $2.3 billion in 2018 to more than $2.7bn so far this year, based on data from the market research firm Circana

Latin America
Peru’s anchovy shortage weighs on Norway’s Austevoll

By Nov. 15, 2023 10:39 AM

Seafood company Austevoll Seafood reported a loss in the third quarter of 2023, impacted by the cancellation of the anchovy fishing season in Peru

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