ShockAtlas

ORGANISATION · DK · NAICS 311119 Other animal food manufacturing (aquafeed)

BioMar Group A/S

www.biomar.com · 1 documented exposure in the atlas.

Peru cancels its second anchovy season: fishmeal against soybean meal, October 2026

Exposed · Supply chain · evidenced · Heat, 2026-10-16

“feed raw material costs have increased significantly, driven by the elevated risk of El Niño-related weather disruptions and a tight marine ingredient supply situation, particularly following reduced fishing quotas in Peru.” — source, 2026-11-03

The H1 2026 report ties BioMar's raw material costs to El Niño and Peruvian quotas, and says higher fishmeal and fish oil prices also lifted revenue. It passes costs through, so the exposure is on working capital and on customers' volumes; the effect of the cancelled second season is inferred.

Series concerned: fishmeal-usd-t fishmeal-soymeal-price-ratio soymeal-usd-t · read the edition →

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