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FOB ethanol plant DDGS prices rose $7/MT this week on strong domestic and international demand. DDGS are valued at 115% of cash corn, above the three-year average of 109%, while export offers were steady to higher.
Firmer DDGS values relative to corn and soymeal make the feed byproduct more expensive for buyers, supporting the price of DDGS as a feed alternative.
grains.orgOct 15, 2020grains.orgOct 15, 2020grains.orgOct 15, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
