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ADM and CJ CheilJedang plan a new joint venture to expand amino acid production and strengthen supply chains, with CJ contributing its feed-grade intellectual property and sales offices in Mexico, Brazil and the US.
Expanded lysine and amino acid supply from a larger producer could increase global feed amino acid availability and modestly pressure prices 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.