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A USDA FAS attaché report says Brazil's DDG/DDGS production rose from 1.2 million tons in 2019/20 to 4.2 million tons in 2024/25. About 79% is consumed domestically, and Brazil exported 791,000 tons of DDGS in 2024.
Rapid growth in Brazilian DDGS output increases supply in global feed markets, with the government and industry pushing for more exports. This is a gradual pressure on international DDGS prices.
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.