Glowlit weekly price trends - September 14th 2020 (14.09.2020)
Spot buyers are paying 13% less for Vitamin B7 (H) Biotin 2% than they were just one week ago. We've seen a 35% decrease in user interest compared to the previous week. Spot buyers are paying 18% more for L-Threonine 98.
💰 The Millionaires' problem 💰 (13.09.2020)
A well known mathematical problem begins with a group of millionaires meeting over lunch (clearly a pre-COVID scenario). The group has a wonderful time, enjoying their food and drinks wholeheartedly. As they ask for the bill, one particularly cheeky member of the group proposes that the richest among them pay the bill.
To Infinity and Beyond! (07.09.2020)
The more volatile a market, the more likely it is to be described by one-sided generalities. Either it is a “buyer’s market” or a “seller’s market”. Inherent in these terms is the idea that one side wins while the other side loses.
Glowlit weekly price trends - September 7th 2020 (07.09.2020)
Spot buyers are paying 13% less for VITAMIN B3 NIACINAMIDE than they were a week ago. Buyers in Italy are paying as little as 6.04 USD per KG. The prices shown here are global. Click here (https://glowlit.
Camel 🐪 Tiger 🐯 hybrid (31.08.2020)
As the industry reemerges from the lull of summertime, for the first time we are entering an entirely different world. At the start of 2020, COVID-19 caught the world off guard. Now we are returning to our desks, whether they are in the office or our kitchen table, knowing full well that we are entering a different reality.
Pindrop Silence (24.08.2020)
August is generally regarded as a slow period across the industry. Automatic ‘Out of Office’ replies abound as sales and procurement managers depart for summer vacation, and product stock sits in warehouses a little longer than usual.
Just in Case 2020 (17.08.2020)
A hundred-year storm is defined as a weather event with just a 1% chance of happening in a given year. These days, the term is fairly devoid of meaning, with once in a hundred year floods ravaging cities every few years or even multiple times per year.
Of Cornered Markets (10.08.2020)
“There are bargains to be had, niche markets to be cornered and economies-of-scale to be achieved” Scott Hirsch Buy when the market is low, so the adage goes. It is a mode of thinking that drives the purchase of raw materials as much as the companies that produce them.
Our Gossip-Laden Industry (03.08.2020)
Though many organizations are struggling in the current economic conditions, others with strong cash positions may see this as a time to grow through mergers and acquisitions (M&A). In the feed industry June and July saw over a billion dollars change hands through M&A deals intended to align synergies.
Uncertainty is the Only Certainty (30.07.2020)
“Uncertainty is the only certainty there is, and knowing how to live with insecurity is the only security.” John Allen Paulos, Mathematician Consumer demand in China seems to be gradually recovering from the impact of COVID-19.
What is a Microsurge (20.07.2020)
After an epidemic of African swine fever swept the Chinese pork industry beginning in 2018, pork producers around the world ramped up production anticipating increased imports by Chinese buyers. They were right to do so.
Who Watched Breaking Bad? (13.07.2020)
Walter White sits alone at the counter of a Denny’s restaurant having his breakfast: bacon, two eggs sunny-side up and hashbrowns. This is the opening scene of the last season of Breaking Bad, a wildly popular show that originally aired from 2008 to 2013.
5,000 year old email? (06.07.2020)
5,000 years ago, Mesopotamian villagers had a big problem. They had an excess capacity of grains and too few customers in their own community. To expand their clientele beyond their immediate village, many innovations came to life, including containing vessels and a new form of accounting.
The Good Old Days? (29.06.2020)
In the good old days, trade was simple and local, albeit limited. Imported goods were sold at a premium, and local producers could easily compete with those imported products. Then, when the wall dividing East and West Germany fell, globalization created opportunities for trade like the world had never seen before, bringing new products to new parts of the world.
Why Transparency Matters? (23.06.2020)
The advent of the printing press in the 15th century sparked an information revolution that transformed humanity. For thousands of years since the advent of writing, texts were laboriously written by hand.
Evolving from Meerkats to Snapper Fish (08.06.2020)
“Jeez, it's a lion! Run, Pumbaa! Move it!”— Timon the Meerkat, The Lion King It’s a hot day in the Karoo Desert in South Africa. A lone meerkat is standing guard while the rest of the group forages for insects and lizards on the ground.
How to deflate a bowling ball? (01.06.2020)
In the world of animal feed additives, we are used to the seesaw of prices. Prices go up, and what goes up must eventually come down. Time and again we have come to expect this. Much like market bubbles, these extreme fluctuations seem inevitable.
Finding the Harmony in Animal Nutrition Volatility (25.05.2020)
As some commodity markets remain oversupplied while others experience vast shortages, nutritionists across the globe are being challenged to capture the full economic value of feed ingredients. The magic here depends on continuously managing the delicate harmony between the three most expensive nutritional feed components - energy, amino acids and phosphorus - while taking into account the purchase price of each ingredient based on minimum guarantees for crude protein and crude fat.
Just-In-Time or Just-In-Case? (17.05.2020)
The Big Question in the Art and Science of Logistics: Can we afford to move from Just-In-Time to Just-In-Case? In the Art of Logistics, logisticians are the artists themselves - the orchestral conductors making music from the cacophony of sounds along the supply chain.