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The U.S. Grains Council's weekly DDGS report shows the FOB Gulf DDGS-to-soybean meal spread widened slightly to $111 from $109. The DDGS-to-corn spread narrowed sharply to $20.11 from $29.16.
Ethanol output averaged 1.07 million barrels per day, below the prior week and last year's 1.10 million.
A narrower DDGS-to-corn spread reduces the discount that makes DDGS attractive relative to corn in feed rations. Lower ethanol output also signals less DDGS supply ahead.
grains.orgAug 21, 2025Not 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.
