A Russian Ministry of Agriculture decree restricts exports of amino acid feeds, including L-lysine sulphate, L-lysine hydrochloride and DL-methionine, along with rice and grains, from 1 July to 31 December 2022. The stated aim is to stabilise domestic prices and secure supply for Russia's livestock sector.
Russian export curbs on lysine and methionine tighten global supply of key feed amino acids, which can lift prices for feed compounders outside Russia. Restrictions on grains add to export tightness in the Black Sea supply chain.
After 182 past bullish policy events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.9% to +1.4%), and -0.3% over 20.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
After 468 past policy events, Rough Rice moved a median +0.3% over 5 sessions (53% higher; middle half -2.0% to +2.0%), and +0.1% over 20.
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.