# Impact Of Russia-Ukraine War On Amino Acid Market-reachever.com

> A commentary on the Russia-Ukraine war says CBOT agricultural futures surged on February 24, with corn up more than 5% to its highest since June 2021 and soybeans at their highest since 2012. It notes Ukraine supplies about 16% of global corn exports and that China's corn import costs are likely to rise, feeding through to amino acid prices.

- Date: 2022-02-28 · published 2022-02-28T12:00:00.000Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/43034-impact-of-russia-ukraine-war-on-amino-acid-market-reachever-com
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Loss of Black Sea corn and the resulting rise in Chinese import demand tighten feed grain supplies and lift feed ingredient costs. Higher corn and soymeal prices also push up the cost of amino acid feed additives.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-23 | [Impact of Russia-Ukraine on supply chains: food, metals, commodities](https://feedsoft.ai/events/42750-impact-of-russia-ukraine-on-supply-chains-food-metals-commodities.md) | +7.5% | +12.7% |
| CORN | 2022-03-01 | [Concerns rise over Black Sea spring crops amid Russia-Ukraine war  \| Reuters](https://feedsoft.ai/events/14502-concerns-rise-over-black-sea-spring-crops-amid-russia-ukraine-war-reuters.md) | +4.7% | +12.1% |
| CORN | 2022-01-21 | [How a Russian-Ukraine conflict might hit global markets](https://feedsoft.ai/events/14513-how-a-russian-ukraine-conflict-might-hit-global-markets.md) | +1.4% | +6.9% |
| CORN | 2022-03-09 | [USDA Factors Russia-Ukraine War in Latest WASDE Report](https://feedsoft.ai/events/13738-usda-factors-russia-ukraine-war-in-latest-wasde-report.md) | +3.3% | +10.3% |
| CORN | 2022-02-25 | [Rabobank commentary: Implications of Russia Ukraine conflict for Australian wheat](https://feedsoft.ai/events/42756-rabobank-commentary-implications-of-russia-ukraine-conflict-for-australian-wheat.md) | +6.6% | +10.3% |
| SOY | 2022-04-05 | [The Russia-Ukraine War’s Impact on Global Fertilizer Markets - Rabobank](https://feedsoft.ai/events/41765-the-russia-ukraine-war-s-impact-on-global-fertilizer-markets-rabobank.md) | +3.3% | +3.5% |
| SOY | 2022-03-09 | [USDA Factors Russia-Ukraine War in Latest WASDE Report](https://feedsoft.ai/events/13738-usda-factors-russia-ukraine-war-in-latest-wasde-report.md) | -2.7% | -4.3% |
| SOY | 2022-02-22 | [Grains, soybeans rally on fear of Russia-Ukraine conflict, surging oil \| Reuters](https://feedsoft.ai/events/8756-grains-soybeans-rally-on-fear-of-russia-ukraine-conflict-surging-oil-reuters.md) | +2.7% | +5.6% |

## Sources

- reachever.com: https://www.reachever.com/impact-of-russia-ukraine-war-on-amino-acid-market_n43

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
