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Evonik announced on March 22, 2017 that it will raise the net price of MetAMINO (DL-methionine 99% feed grade) by 7% in Europe, effective immediately. Existing contracts and supply agreements will be honored.
A 7% increase in European feed-grade methionine raises the cost of amino acid supplementation for feed formulators in Europe, which can push up the cost of poultry and swine rations. The move reflects tighter supply or stronger pricing power in the methionine market.
feedstuffs.comMar 22, 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.
