Loading…
Russian poultry producers are buying hatching eggs abroad due to a domestic shortage, and prices nearly doubled from 16-17 rubles in September 2020 to 30 rubles in February. Higher feed and lysine prices are also cited, and factories providing about 20% of Russian poultry meat may cut output.
Expected output cuts in Russian poultry would reduce feed demand, while higher lysine costs point to firmer amino acid pricing for feed formulators.
tridge.comAnastasia ShilyaevaMar 5, 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.
