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India's DDGS exports have risen sharply, with maize DDGS volumes reaching 287,593 MT in 2024 and rice DDGS reaching 60,296 MT. Export prices for both products have declined since 2022, which the industry says is hurting profitability.
Rice DDGS prices fell more steeply than maize prices.
Growing Indian export volumes at lower prices add supply to the global DDGS market and put downward pressure on export prices.
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.