conda install psycopg works for me. It updates the following packages
The following packages will be UPDATED:
conda: 3.19.1-py27_0 --> 4.0.5-py27_0
openssl: 1.0.2f-0 --> 1.0.2g-0
pip: 8.0.2-py27_0 --> 8.1.0-py27_0
setuptools: 19.6.2-py27_0 --> 20.2.2-py27_0
wheel: 0.26.0-py27_1 --> 0.29.0-py27_0