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Feedlot analyst Ekaterina Kachurina said Chinese companies supplied 86 percent of Russia's feed additive needs in 2022. EU feed additive supplies to Russia fell 54 percent after Western sanctions, while Chinese exports to Russia rose 43 percent.
Russia imported 176,000 tons of feed additives in 2022, including 140,000 tons of amino acids.
Sanctions have shifted Russian feed additive sourcing toward China, tightening the link between Chinese amino acid supply and Russian feed costs and raising Russia's exposure to Chinese pricing and export policy.
foodagribusiness.worldContributorsMar 22, 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.
