Well, it does not feel like April up here in Minnesota. There have been double digit snowfalls, ice covered roads, and below zero wind chill temperatures. Enough is enough. It has been very depressing, but it looks like there is hope in sight.
March saw prices coming down more than going up with Amino Acids being quite competitive. It will be interesting what the second quarter will bring. Opinions for the quarter vary right now. I have heard different things as far as pricing and availability. Up/down, short/long are what I have been hearing from vendors and customers. There are so many factors right now that can affect things, it is hard to get a true read on it. I do feel good on availability though.
PALS will be at PEAK, formerly MPF, in Minneapolis next week. If you are there, please stop by our booth. We have nine people going. We are hoping for a good show. AI has held off, but there has been a confirmed case in Minnesota. Hopefully, the snow will keep the insects and rodents from moving in and out of the barns while the migration continues.
Highlights
· Methionine and Biolys prices down.
· Import Tryptophan up.
· LTL Freight costs still high
Have a good month,
Jason
