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ADM said on its November 3 earnings call that it is expanding precision fermentation, including an egg-white protein produced at its Clinton, Iowa plant with EVERY Company and a whey alternative with an unnamed partner. The company is packaging existing fermentation assets into a commercial offer.
Alternative proteins made on idle fermenters are a niche supply addition for food and pet food rather than feed grains, so the direct effect on feed commodity prices is limited.
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.