
DTN reported the weekly spot price for domestic distillers dried grains from 33 locations averaged $164 per ton for the week ended Dec. 18, up $3 from the prior week.
Cash corn slipped 2 cents while soybean meal rose $0.20. Cold weather was cited as lifting spot demand from cattle feeders.
Higher DDG prices relative to corn and soybean meal make the coproduct a more attractive feed ingredient, supporting its value for feed buyers. The move is a routine weekly price change with no new supply shock.
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.