Picoroco as it is known in Spanish, is a species of large barnacle native to the coasts of southern Peru, all of Chile and southern Argentina.

Austromegabalanus psittacus is a simultaneous hermaphrodite. Individual barnacles are fertilised by sperm passed through a slender tube extended by a neighbouring barnacle. The eggs are retained inside the carapace where they are incubated for about three or four weeks. They then hatch into free swimming nauplius larvae which form part of the plankton. These pass through six stages over the course of about 45 days, the last being a cyprid stage.