Thursday, May 28, 11.48 p.m EST
Peruvian anchovy industry recovers
Rossana Ortiz Rodriguez, CEO at Pesquera Exalmar, touched on the last three years in Peru and how the anchovy industry faced struggles such as El Nino and political changes. The country has been looking to bounce back and the market has been more stable.
"Anchovy is the most important species for Peru" and these challenges impact production volume, which in turn impacts the fishmeal industry globally. In 2009, the country switched from a global quota system to an ITQ system "to protect the biomass for the future.
