Fishmeal prices steady prior to bumper Peru quota
Global fishmeal prices held steady in March after moderate gains in early 2025, according to data from the Marine Ingredients Organisation, known as IFFO
Cargill’s 8,000 job cuts don’t spare its seafood business
Layoffs at Cargill, which controls the PrimeWaters Seafood brand and the Chilean salmon firm Multi X, have impacted some of its employees working in its seafood operations, Undercurrent has learned
Sweden’s role in fishmeal production adds strain to Baltic herring stocks, study reveals
Much of the herring caught in the Baltic is processed into fishmeal for livestock and aquaculture, rather than used for human consumption, a new study from the Stockholm University Baltic Sea Centre highlights
Peru announces bumper 3m metric ton anchovy quota
Peru has set a quota of 3m metric tons for the first anchovy fishing season of 2025 in its north-central waters, the country's Ministry of Production said, marking a significant increase from previous seasons
Anchovy season in north-central Peru expected to begin April 22
Peru's production ministry is expected to formally announce the fishing quota based on the findings from the marine institute IMARPE regarding biomass and marine conditions
Chilean fishmeal, fish oil market sees revenue decline in 2024 as Peruvian output rises
Blumar attributed the downturn primarily to lower fishmeal production in the central-southern zone of Chile
Peruvian fishmeal producer signs deal to acquire rival
This acquisition marks a significant move for Exalmar as it continues to grow its position within the Peruvian fishing and seafood processing industry
Peruvian fishmeal producer Austral optimistic about upcoming anchovy season
The Peruvian Marine Institute IMARPE's research cruise, which is pivotal for approving the start of the fishing season, concluded on April 4
China’s $140m fishmeal imports from US not exempt from 34% tariff
The confirmation from China's top seafood industry association signals the end of a tariff exemption policy that had previously provided relief to US fishmeal and shrimp broodstock exporters
Ongoing Peruvian anchovy season surpasses 70% of the quota
Fishing in southern Peru so far has been called the 'most successful catch in a decade,' though there are worries over an ocean warming event in northern waters