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ADM will end production of dry lysine in the first half of 2021, shifting its focus to liquid and encapsulated lysine products. The company said market conditions for dry lysine have eroded because global industry capacity has expanded faster than demand.
Removing a major dry lysine producer from the market reduces supply sources for feed buyers, though the stated oversupply suggests limited upward price pressure. Buyers may need to shift purchasing toward liquid or encapsulated forms.
feedplanetmagazine.comNewclick Dijital Reklam AjansıJan 27, 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.
