# This week in grains, oilseeds, oils & animal nutrition  - Expana

> Expana reports that Hengyu Bio, a Huaheng Bio subsidiary, is validating a 3,000 tonne-per-year biological L-methionine line. Global methionine capacity is about 2.3 million tonnes per year on a DL basis.

- Date: 2024-08-08 · published 2024-08-08T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/29152-this-week-in-grains-oilseeds-oils-and-animal-nutrition-expana
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

A new fermentation-based L-methionine source adds small incremental supply to a large methionine market, so the price impact is modest.

## Read by commodity

- METH: bearish ▼

## Sources

- expanamarkets.com: https://www.expanamarkets.com/insights/article/soybean-plants-plummet/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.