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US livestock producers report shortages of veterinary penicillin and the feed ingredient lysine, forcing farmers to reformulate rations and substitute products. The Reuters report cites supply-chain disruptions and competition for raw materials, with dry lysine supply mainly tied to China.
Dry lysine shortages push farmers toward more soybean meal at higher cost, supporting meal demand and feed costs for buyers.
producer.comReuters News ServiceDec 2, 2021After 167 past bullish logistics events, Soybean Meal moved a median +0.5% over 5 sessions (54% higher; middle half -1.8% to +2.9%), and -1.2% over 20.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% 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.
