El Niño Continues Impacting Peru and Chile's Fishmeal and Fish Oil Production
El Niño is suppressing fishmeal and fish oil output in Peru and Chile, tightening supply of these feed inputs.
Source →The trace
How it reaches your house.
Starting from Fish Meal and Fish Oil (Aquaculture Feed), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Fishmeal (Peruvian Anchoveta, High-Protein) →Shortage riskPeru holds a 30% share of this supply node and is explicitly named as a main contributor to the output decline under El Niño.
97% confidenceMenhaden Fish Meal and Fish Oil →Shortage riskPeru accounts for 30% of supply on this edge, and the cited El Niño shock is explicitly causing Peru to be one of the main sources of the fishmeal and fish oil decline.
97% confidenceFish Meal and Fish Oil (Aquaculture Feed) →Shortage riskFishmeal and fish oil are critical aquafeed inputs, so El Niño-driven supply tightness passes through strongly to seafood and fish production.
Hop 2
Peru →Shortage riskFishmeal (Peruvian Anchoveta, High-Protein)
El Niño is suppressing Peru's own anchoveta fishmeal output, and Peru's 30% supply share means this exact input becomes materially scarcer.
98% confidencePeru →Shortage riskFish Meal and Fish Oil (Aquaculture Feed)
Peru supplies a 20% share of this aquaculture feed input, so a production halt there tightens available feed supply.
92% confidenceTASA (Tecnológica de Alimentos SA) →Shortage riskHop 3
Aquaculture Vaccines (Salmon Lice and Bacterial) →Prices easeZoetis Inc.ZTS
If El Niño-driven feed shortages reduce seafood and fish production, demand for aquaculture vaccines eases, and Zoetis is the largest supplier in this vaccine market.
59% confidenceAquaculture Vaccines (Salmon Lice and Bacterial) →Prices easeMerck Animal Health (MSD Animal Health)MRK
Lower aquaculture output reduces vaccine demand across the category, pressuring Merck Animal Health's sales in proportion to its large share of the market.
57% confidenceAquaculture Vaccines (Salmon Lice and Bacterial) →Prices ease
Where it lands
What you buy, and what you own.
Goods you buy
Seafood and fish · Animal feed · Pet food and supplies
In the MyPRIA app, this is checked against your own holdings.