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Buyers of L-Lysine ordering in September are paying almost 20% more for full containers than those who bought in August. Forward contracts on the Glowlit system show further price increases until a specific future point, after which the trend is expected to reverse.
Rising lysine prices raise the cost of amino-acid supplementation in swine and poultry feed, pressuring feed formulators' margins and potentially encouraging substitution with other amino acids or cheaper formulations.
foodagribusiness.worldGlowlitSep 22, 2021Not 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.
