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CJ CheilJedang signed an agreement with ADM on October 2 to form a joint venture for feed-use amino acids in the Americas, with CJ holding 63% and ADM 37%. CJ will contribute its Fort Dodge, Iowa and Piracicaba, Brazil lysine plants plus US, Mexico and Brazil sales networks, while ADM contributes its Decatur, Illinois facility.
The move follows US and European trade restrictions on low-priced Chinese lysine.
Expanded US lysine production tied to corn feedstock supports corn demand and reduces reliance on Chinese lysine, which may firm lysine prices for feed buyers while trade barriers persist.
biz.chosun.comKim Myung-jiOct 5, 2026After 729 past bullish trade events, CORN moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
