Loading…
A weekly feed additive update reports a third consecutive week of double-digit increases in Vitamin C 99% prices in China, linked to seasonal heating-season production cuts. US DDGS prices eased slightly as buyers covered near-term needs, while soymeal prices kept climbing.
The update also expects rising Chinese pig production to push tryptophan prices higher.
Rising soymeal prices and softer DDGS prices narrow the economic gap between the two protein sources, which may shift feed formulation toward DDGS. Feed buyers should watch soymeal costs closely.
thepoultrysite.comLaurence WilliamsNov 27, 2020Not 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.
