ORGANISATION · US · NACE S94.11 Activities of business and employers membership organisations (soy trade promotion)
U.S. Soybean Export Council (USSEC)
ussec.org · 1 documented exposure in the atlas.
Peru cancels its second anchovy season: fishmeal against soybean meal, October 2026
Beneficiary · Supply chain · deduced · Heat, 2026-10-16
“But with wild fish stocks tightening and fish meal prices increasingly volatile, the industry urgently needs ingredients that match its performance, scale with demand and align with sustainability commitments downstream.” — source, 2026-11-03
The June 2026 USSEC-sourced item promotes soy protein concentrate as a fishmeal replacement as fishmeal prices rise. It speaks for the soy side of the fishmeal/soymeal ratio; actual extra soy demand from the cancelled season is inferred, and soy prices are also exposed to El Niño droughts.
Series concerned: fishmeal-soymeal-price-ratio soymeal-usd-t fishmeal-usd-t · read the edition →
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