Loading…
Russia's feed industry faces a shortage of key feed additives such as lysine, threonine and methionine, which regulators have restricted from the market in recent years. Livestock companies are paying two to three times the average European price for remaining supplies.
Substitutes from plant sources are reportedly 20-30 times more expensive.
Tight amino acid supply forces feed makers to raise rations' cost or substitute protein sources, supporting soybean meal demand and lifting feed costs for meat, egg and dairy producers.
foodagribusiness.worldVladislav VorotnikovNov 5, 2021After 172 past bullish policy events, Soybean Meal moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +1.7%), and -0.8% over 20.
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.
