The Ministry of Agriculture and Rural Affairs approved six new feed additives, including sucrose ferrous iron, dextran iron, selenium and zinc valinate chelate, and ferulic acid. It also added Bacillus velezensis to the additive catalogue, expanded the use scope of three additives, and added a feed material.
Regulatory approvals of new trace minerals and additives shift which feed formulations are permitted, but they do not materially change grain or protein supply and demand. The impact on commodity prices is minimal.
Not enough comparable past events yet for a historical read.
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.