The El Niño-enforced cancellation of the Peruvian anchovy fishery in the second-half of 2014 created a massive shortfall in fishmeal production that was felt through to the early months of this year. While the fishery has now reopened and fishmeal manufacturing has been scaled up again, the global supply is expected to continue following a declining trend in the long term.
It’s estimated that total fishmeal production fell below 4.5 million metric tons (MT) last year – a record low level. …
