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The DTN spot price for domestic distillers dried grains rose $2 on average to $143 per ton for the week ended September 19 across 33 reporting locations. Ethanol output eased week-on-week but stayed about 6.6% above the year-earlier week.
Some plants were heading into fall maintenance.
DDGS prices are supported by corn-based ethanol output, and the planned plant maintenance could tighten supply, although the modest weekly gain is routine price movement.
dtnpf.comMary KennedySep 20, 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.
