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The U.S. Grains Council weekly DDGS report for the week ending Oct. 9 showed the FOB Gulf DDGS-to-soybean meal spread widened to $98 from $93 and the DDGS-to-corn spread held near $26.80.
US ethanol output averaged 1.071 million barrels per day, up 76,000 bpd on the week.
A wider DDGS discount to soybean meal makes DDGS more attractive in feed rations and supports demand, while steady ethanol output keeps byproduct supply ample.
grains.orgOct 9, 2025Not enough comparable past events yet for a historical read.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% over 20.
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.
