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Threonine contracts are trading at record prices, with 2022 Q1 forward deals at the highest level in six years. Folic acid prices rose an average 15.9% globally over the past month, and BASF announced a broad vitamin and carotenoid price increase that pushed buyers into spot purchases.
Higher threonine and vitamin costs push up premix and compound feed costs for livestock producers, with supply tightness unlikely to ease soon.
foodagribusiness.worldGlowlitOct 29, 2021Not 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.
