ANALYSIS: Fish Meal Prices Surge as Peru Cuts Anchovy Catch Limits

The first 2026 anchovy (Engraulis ringens) and white anchovy (Anchoa nasus) season in the North-Central zone of the Peruvian coast opened April 1. The Peruvian Marine Institute (IMARPE) recommended a Total Allowable Catch Limit (TAC) of 1,914,049 MT, representing a 36% reduction compared to the same season in 2025 when the TAC was set at 3 million MT. The same season last year closed early on July 24 due to environmental and biological factors, with juveniles comprising a significant portion of the catch...
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