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Ajinomoto said on Aug. 3 that it reached an agreement with Meihua Holdings, a major Chinese amino acid maker, to subcontract manufacture of feed-use lysine and threonine.
Ajinomoto Animal Nutrition Group will sell both products under the Ajinomoto brand globally from fiscal 2018. Meihua is the company's second feed-amino-acid manufacturing subcontractor.
The deal rebuilds Ajinomoto's supply base for feed lysine, which could add supply options for feed buyers over time. Near-term price impact is limited because the products are not yet sold under the new arrangement.
feedstuffs.comAug 3, 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.
