# USGC Weekly Price Report for week ended 28 Jul 2023 - Benison Media

> World corn prices eased as traders watched US weather, with good rain forecast for the corn belt and improved crop conditions. CBOT corn rose $8-9/t, with Sep at $205.10/t. Gulf and other origin prices were mostly steady, and DDGS prices edged up on an FOB basis.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12889-usgc-weekly-price-report-for-week-ended-28-jul-2023-benison-media
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Favourable US weather tends to cap corn and DDGS prices, while firm soymeal values keep DDGS competitive as a protein and energy source for feed buyers.

## Read by commodity

- SBM: bullish ▲
- CORN: neutral
- DDGS: bullish ▲

## Sources

- benisonmedia.com: https://benisonmedia.com/usgc-weekly-price-report-for-week-ended-28-jul-2023/

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