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DTN reports the average spot price for domestic distillers dried grains rose slightly to $155 per ton for the week ended December 12 across 33 locations. Cold weather lifted nearby demand, and the DDG value relative to corn was 1.01%.
A small firming in DDGS prices improves its value versus corn and soybean meal for feed buyers, though the price remains well below soybean meal on a protein-cost basis.
dtnpf.comMary KennedyDec 13, 2024Not 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.
