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Evonik has started production of Mepron, a protected methionine formulation for dairy cows, at its Mobile, Alabama site after a 15-month build. The company says the US is its most important Mepron market and that local production will serve North American customers.
Added North American methionine capacity for dairy rations could ease regional supply and soften methionine pricing over time.
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.