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Evonik has resumed Mepron production at its Mobile, Alabama plant to supply US dairy customers from a local source. The company cites supply security for regional customers and notes the US is the largest market for Mepron with over nine million dairy cows.
Restarted local output adds to US methionine supply for dairy rations, a small bearish factor for methionine pricing in the US.
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.