# Drug, feed ingredient shortages hit U.S. livestock producers

> US livestock producers are facing shortages of drugs and feed ingredients, including dry lysine, which ADM ended producing this year. Producers are shifting to more soybean meal in pig diets to replace lysine. That shift has helped lift Chicago soybean meal futures.

- Date: 2021-11-18 · published 2021-11-18T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/44364-drug-feed-ingredient-shortages-hit-u-s-livestock-producers
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

Substituting soybean meal for lysine increases soymeal demand and supports its price, while higher feed costs squeeze hog and poultry margins.

## Read by commodity

- SBM: bullish ▲
- HOGS: bearish ▼
- LYSINE: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/drug-feed-ingredient-shortages-hit-us-livestock-producers-2021-11-18/

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