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CJ Bio America is adding a $53 million L-Threonine production line at its Webster County, Iowa lysine plant, with initial output of 20,000 metric tons. Completion was expected in the first quarter of 2019, and the expansion will add about 20 jobs.
New threonine and lysine capacity adds feed amino acid supply in North America, which could weigh on amino acid prices over time. The effect on corn and soymeal demand is small at this scale.
messengernews.netChad ThompsonFeb 10, 2019Not 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.
