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Animal nutrition companies are proposing interim strategies to ease financial pressure as vitamin E and A prices rise after the BASF citral plant fire. Alltech's Richard Murphy warns of price hikes, margin pressure and feed quality concerns over the next few months.
Producers are advised to review premix formulations and use more stable trace mineral forms.
The supply bottleneck in vitamins raises feed formulation costs and may push buyers to reformulate. Price pressure on compound feed is likely to persist for several months.
agnavigator.comJane ByrneDec 14, 2017Not 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.
