Loading…
The European Union may reconsider its ban on Processed Animal Proteins, such as feed grade poultry by-product meal, to ease a protein deficit of about 70%. Separately, DSM said production of Vitamin E50 intermediates at its Yimante facility resumed after an April incident, following a price increase from NHU.
Allowing PAPs back into EU feed would add local protein supply and could reduce import demand for soy and fishmeal, which is bearish for imported protein prices. The Vitamin E restart eases additive supply tightness.
foodagribusiness.worldGlowlitJun 4, 2021After 223 past bearish policy events, Soybean Meal moved a median -0.3% over 5 sessions (45% higher; middle half -2.2% to +1.2%), and -0.6% 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.
