Recent reports indicate a significant rise in feed additive prices in Russia, contrasting with global trends. Key amino acids like methionine and valine have increased by 14%, while other additives show stable or decreasing prices globally. This situation may impact livestock producers in Russia as they face rising production costs.
Recent reports from FEEDLOT analysts reveal a notable increase in feed additive prices in Russia for the period from September 16 to 22, 2024. This trend stands in stark contrast to global market dynamics. FEEDLOT, a leading analytical company specializing in agricultural markets, has documented significant price hikes for key amino acids. Specifically, methionine and valine have surged by 14%, reaching $4.44 per kg, while threonine and arginine have risen by 13%. Additionally, lysine sulfate and lysine HCL have increased by 4.5% and 1.8%, respectively.
This price trend in Russia diverges from the global market, where many feed additives have maintained stable or decreasing prices. Notably, some amino acids such as tryptophan and isoleucine have experienced declines of 5.1% and 4.4%, respectively. Furthermore, the prices of biotin, as well as vitamins B5 and B9, have also dropped. In contrast, vitamin A1000 has seen a staggering threefold increase in price over the past month, reflecting specific market pressures.
The situation in the Chinese market further highlights the contrasting trends. While threonine prices have increased, the cost of methionine is declining due to weak demand, showcasing the variability in market dynamics across different regions.
This rising trend in Russia’s feed additive prices raises concerns among livestock producers, who may face increased production costs. As the global market continues to stabilize, stakeholders in Russia will need to monitor these developments closely and consider their implications for the agricultural sector.
