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US lysine shortages, after a barge of lysine was lost during Hurricane Ida and Chinese dry lysine imports faced logistical snags, have fueled a strong rally in soymeal to its highest since summer. Concerns that China could halt lysine exports are adding to the tightness.
A cash meal source said dry lysine is tight but most accounts are still supplied and meal demand is steady overall.
Lysine shortages push feed formulators toward more soybean meal to replace amino acids, which lifts meal prices; the rally looks partly speculative, so it may fade if supply normalizes.
profarmer.comBrian GreteNov 18, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
