Monthly Market Pulse: October 2025

Mid-Autumn Resurgence of Trade Turbulences

As we move further into the final quarter of the year, global market signals continue to send mixed messages. Economic data from major economies reflect both resilience and uncertainty, with investors closely watching for signs of stabilization.

“Consensus suggests job growth has stalled in the U.S. The CME FedWatch prices in two additional rate cuts this year – with a 98% probability in October and 93% in December. China’s outlook is mixed amid tariff uncertainty. The RatingDog PMI rose in September as new export orders grew, but the official NBS PMI remained in contraction, showing a modest increase from August. The new IMF outlook upgraded economic growth projections for major economies despite negative headlines.”

(Economic Update, Page 2)

Watch the October Market Pulse Recap

Featuring Jonathan Darnell, Senior Economist at KEMIEX

In this month’s video recap, Jonathan Darnell shares key highlights from the latest Market Pulse — from renewed uncertainty in additive markets to signs of stabilization in vitamin pricing as producers adjust their strategies heading into year-end. He also discusses improved global growth projections from the IMF, recent movements in freight rates, and insights from our special focus on declining livestock populations across major producing regions.

Stay informed with a concise, data-driven overview of the trends shaping vitamins, amino acids, and broader market conditions.

The full Monthly Market Pulse – October Edition is out now.
Explore the latest data on trade, pricing, and policy across the feed, food, and nutrition industries.

Key Takeaways

Looking beyond the broader economy, the additives and feed markets continue to face a cautious environment. Producers, traders, and buyers are navigating price adjustments, livestock trends, and logistical shifts as they prepare for year-end.

• Additive markets face subdued momentum heading into year-end.
• Most amino acid and vitamin prices remain soft, with a few increases (e.g., B5).
• Livestock populations ( particularly cattle ) continue to decline across the U.S., EU, and Brazil.
• Freight rates are stabilizing, with slight increases expected to be short-term.
• Global economic outlook improves, despite concerns over tariffs and inflation.

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