# Market Perspectives - November 7, 2024 - Page 5 of 7 - U.S. Grains & BioProducts Council

> USDA reported DDGS prices averaged $147 per short ton in the November 1 National Weekly Ethanol Report, up $2 week-over-week and $1 month-over-month. The DDGS/cash corn ratio rose to 1.06 from 1.03, and EIA data showed ethanol production averaging 1,105 thousand barrels per day for the week ending November 1.

- Date: 2024-11-07 · published 2024-11-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27501-market-perspectives-november-7-2024-page-5-of-7-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Rising DDGS prices and higher ethanol output support feed-byproduct demand and modestly firm the DDGS-to-corn value ratio, which favors DDGS inclusion in feed rations.

## Read by commodity

- CORN: neutral
- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-november-7-2024/5/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.