The Peru Ministry of Production has set the quota for the second commercial anchovy fishing season of 2016 at 2m metric tons, an amount higher than expected and 81% higher than the 2015 quota.
The quota was set based on the recommendation from IMPARPE, whose recent survey assessed the anchovy biomass at over 6.6 million metric tons. This is one of the highest levels of biomass in decades.
The first season of fishing in Peru this year was later than normal due to El Nino, leaving fishmeal supply lower than average. However, Peru remains the top supplier of fishmeal with 43.1% of global business or 365,000 m/t of fishmeal so far in 2016.
The second season of commercial anchovy fishing is set to begin on November 15.