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Feed additive prices in China rose sharply ahead of the Lunar New Year, with threonine up 47% and vitamin C up 62% since October 2020, and vitamin B12 up 72% in the last month. Buyers stocked up as corn prices kept climbing, which lifted corn-derived products.
Higher corn costs are feeding into amino acid and vitamin prices, which raises the cost of finished feed for buyers in the region.
feedstuffs.comFeb 9, 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.
