# Market Perspectives – October 15, 2020 - Page 6 of 10 - U.S. Grains & BioProducts Council

> 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.

- Date: 2020-10-15 · published 2020-10-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10516-market-perspectives-october-15-2020-page-6-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Read by commodity

- SOY: neutral
- CORN: bullish ▲
- DDGS: bullish ▲
- OCEANFRT: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-october-15-2020/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-october-15-2020/7/
- grains.org: https://grains.org/market_perspectives/market-perspectives-october-15-2020/9/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.