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Methionine buying became more active in several regions as prices had fallen to very low levels, prompting suppliers to resist further declines, announce price increases, or stop offering. Some slight price increases and Q3 contract cover followed.
Tryptophan firmed in China, lysine and valine were stable, and vitamin B3 and K3 remained firmer while vitamin E and A were stable to weak.
Methionine is a key synthetic amino acid in poultry and swine rations, so firmer methionine pricing and Q3 contracting raise feed formulation costs for buyers. Calm lysine and valine markets keep the broader amino acid cost picture steady.
foodagribusiness.worldFeed additive pricesMay 24, 2023Not enough comparable past events yet for a historical read.
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.
