{"id":12556,"date":"2026-09-23T16:22:22","date_gmt":"2026-09-23T08:22:22","guid":{"rendered":"https:\/\/fish-meal-machine.com\/?p=12556"},"modified":"2026-09-23T16:34:13","modified_gmt":"2026-09-23T08:34:13","slug":"fish-meal-price-el-nino-peru-anchoveta-2026","status":"publish","type":"post","link":"https:\/\/fish-meal-machine.com\/zh\/fish-meal-price-el-nino-peru-anchoveta-2026\/","title":{"rendered":"El Ni\u00f1o Halts Peru’s Anchoveta Season: What the 2026 Fish Meal Price Surge Means for Your Plant"},"content":{"rendered":"

Peru’s Ministry of Production halted the country’s first 2026 anchoveta fishing season on June 11<\/strong>, months earlier than planned, after landings reached only about 470,000 tons against a quota of roughly 1.91 million tons<\/strong> \u2014 less than a quarter of what the industry had expected to catch. Because Peru and Chile together supply the bulk of the world’s traded fish meal, the early closure sent the fish meal price 2026<\/strong> curve sharply upward, with premium grades approaching USD 2,500 per ton<\/strong> in May, up around 79% from a year earlier. If you run or are planning a fish meal plant, this El Ni\u00f1o shock is not just a headline \u2014 it changes the math on your margins, your raw material, and your equipment.<\/p>\n\n\n

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\u9c7c\u7c89<\/figcaption><\/figure>\n<\/div>\n\n\n

What actually happened to supply<\/strong><\/h2>\n\n\n\n

Anchoveta is a cold-water forage fish. El Ni\u00f1o warms the Humboldt Current, pushes the stock deeper and farther offshore, and lowers the catch that can be landed economically. When the season was stopped in June, most processors had already committed their drying and reduction capacity for an April-to-August run. The result is a supply gap that cannot be filled by other origins quickly: Norway, Denmark and China’s coastal plants can absorb some demand, but not Peru’s export volume.<\/p>\n\n\n\n

This is why the price move is so much larger than a normal seasonal swing. For a refresher on how scarce the supply base actually is, see our breakdown of the seven components of fish meal<\/a> and why Peru and Chile dominate world trade.<\/p>\n\n\n\n

How high prices climbed in 2026<\/strong><\/h2>\n\n\n\n
Grade \/ reference point<\/th>Typical level<\/th>2026 El Ni\u00f1o peak<\/th><\/tr><\/thead>
Standard steam-dried meal (60\u201365% protein)<\/td>USD 1,400\u20131,800 \/ t<\/td>approaching USD 2,000+ \/ t<\/td><\/tr>
Premium \/ super-prime (65\u201370%+ protein)<\/td>USD 1,800\u20132,400 \/ t<\/td>near USD 2,500 \/ t<\/td><\/tr>
Change vs. 2025<\/td>\u2014<\/td>roughly +79%<\/td><\/tr><\/tbody><\/table>
Price bands from our own operating model (see ROI article below); 2026 peak reflects reported Peruvian season shortfall.<\/figcaption><\/figure>\n\n\n\n

The exact number moves week to week, and we deliberately avoid quoting a single “today” figure that goes stale. The structural point matters more: when a supply shock of this size hits, the spread between a low-protein meal and a high-protein, low-bacteria meal widens. Buyers pay a real premium for quality that holds up. That spread is where a well-run plant earns its money.<\/p>\n\n\n\n

Who wins and who gets squeezed<\/strong><\/h2>\n\n\n\n