Rabobank analyst Andrick Payen reviews US feed micro-ingredient imports, noting vitamin import declines, price increases tied to a German plant fire, ASF concerns, US-China trade tensions and Covid-related quarantines. The piece recommends that US feed businesses rethink sourcing and reduce reliance on imports.
Supply concentration in China and past price spikes in micro-ingredients push feed buyers toward diversified sourcing, which can keep premiums on imported amino acids and vitamins elevated.
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.