# US DDGS prices drop below 5-year average

> US DDGS prices have fallen below their five-year average as production recovers toward pre-COVID levels. DDGS exports rose 15% January to August, with Mexico up 18% year on year.

- Date: 2024-10-30 · published 2024-10-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27835-us-ddgs-prices-drop-below-5-year-average
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Cheaper DDGS eases feed cost pressure for buyers and signals ample supply, weighing on DDGS and competing meal prices, while strong export demand provides partial support.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- CORN: neutral
- DDGS: bearish ▼

## Sources

- agnavigator.com: https://www.agnavigator.com/Article/2024/10/30/us-ddgs-prices-drop-below-5-year-average/
- tridge.com: https://www.tridge.com/news/ddgs-prices-drop-below-5-year-average-as-us--qevvyc

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