
An analysis from Purdue's Center for Commercial Agriculture examines how DDG prices track corn and soybean meal prices in central Illinois. It notes a correlation of 0.851 between DDG and corn prices over 2007 to 2024, with periods of divergence.
The piece explains DDGs' substitutability in livestock rations.
DDG pricing tends to follow corn and soybean meal, so feed buyers can use corn and meal moves as a guide to DDG value. The article gives no new supply or demand shock.
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.