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The FOB Gulf DDGS-to-soybean meal spread was $108 for the week, down from $112 the prior week. The DDGS-to-corn spread fell to $13.82 from $15.93.
U.S. ethanol production averaged 1.063 million bpd, up 10,000 bpd week on week.
Narrower DDGS discounts to soybean meal and corn make DDGS a less attractive substitute for feed buyers, which can weigh on DDGS values. Stable ethanol output keeps co-product supply steady.
grains.orgApr 3, 2025Not 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.
