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Feed-grade valine prices rose in January 2023 on stronger demand from domestic and international buyers, with China prices up about 13% and Germany and the US up 15% and 11%. Lunar New Year shutdowns and labor shortages in China also delayed shipments.
Valine is a feed amino acid, so firmer amino acid prices raise the cost of formulated feed for livestock producers, though it has little effect on grain or meal benchmarks.
chemanalyst.comFeb 10, 2023Not 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.
