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Russia will restrict exports of feed amino acids (L-lysine sulfate, L-lysine monohydrochloride, DL-methionine), rice and rice groats from July 1 to December 31, 2022. The government signed the resolutions prepared by the Agriculture Ministry to ensure food security and stabilize domestic prices.
Exports to EAEU countries and certain regions are exempt.
Russian restrictions remove supply of lysine and methionine from a major exporter, likely tightening global feed amino acid availability and supporting prices, while curbing rice exports adds to tight global rice supply.
tellerreport.comJun 30, 2022Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 168 past bullish policy events, Rough Rice moved a median +0.8% over 5 sessions (57% higher; middle half -1.7% to +2.1%), and -0.4% 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.
