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Commentary reports the planned December 1 ban on meat and bone meal imports from embargoed countries. Pet food makers Mars, Royal Canin, Nestle and Aller Petfood warn that about half their European-sourced meat and bone meal would be affected, and a senator has asked for foreign agro-companies to be labelled foreign agents.
Pet food and feed producers warn they lack enough domestic supply to replace imports, so the ban could tighten Russian feed protein supply and shift trade flows. The price effect depends on whether buyers can source from South America or New Zealand.
micetimes.asiaChaya VihokratanaOct 5, 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.
