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The DTN average spot price for domestic DDGs fell $7 to $183 per short ton for the week ended October 29, across 33 locations. Cash corn fell 10 cents per bushel on the week and soybean meal futures dropped $18 per short ton.
Lower corn and soybean meal prices pulled DDG values down, and DDG remains cheaper per unit of protein than soybean meal, supporting its use in rations.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.