Agriculture, Meat

September 22, 2026

El Niño and agriculture: Shrimp markets face uncertainty over crop quality, feed prices

HIGHLIGHTS

Warming waters threaten shrimp health

Peru anchovy scarcity drives feed costs up

The ongoing El Niño is reshaping global seafood markets by warming Pacific waters and disrupting rainfall, currents and nutrient flows. Shrimp producers face disease risks, salinity fluctuations, flooding, drought and elevated feed costs, which pressure output and margins. In Peru, warmer seas can push anchovy stocks deeper or farther offshore, curbing catches and fishmeal production. Reduced fishmeal availability raises feed prices, affecting shrimp supply, trade flows and profitability worldwide.

In the second episode of a four-part podcast series on El Niño and its impact on key agricultural commodities, host Asim Anand is joined by Platts price reporters Elvis John and Mariana Farhat, along with news editor Sayona Anna John. Together, they discuss how El Niño is affecting shrimp trade and pricing, and how markets are adjusting to the weather disruptions.

Related content:

El Niño strengthens in Pacific, may persist into 2027: NOAA (Subscriber content)

El Niño to drive volatility in bearish Ecuador shrimp market

Indian shrimp feed prices rise as input costs surge

Ecuador Shrimp Marker (Price assessment)

HOSO Shrimp Farmgate India (Price assessment)

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