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Elanco Animal Health says lysine, a key amino acid in pig and poultry diets, is in short supply. Dry L-lysine prices are escalating, with little sign of relief before spring 2022.
Nutritionists are reformulating rations toward cheaper soy and rapeseed meal.
Tight lysine supply raises the cost of formulating pig and poultry feed and pushes buyers toward substitute protein sources. This supports lysine prices and adds some demand for soymeal and rapeseed meal.
thepigsite.comFeb 17, 2022
thepoultrysite.comMelanie EppFeb 17, 2022Not 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.
