# DTN Weekly DDG Price Lower on Average

> DTN's weekly spot price for domestic distillers dried grains fell $2 to $176 per ton for the week ended April 18, across 33 reporting locations. Spot demand was flat, and EIA data showed ethanol output averaged 983,000 bpd in the week ended April 12, down week on week.

- Date: 2024-04-22 · published 2024-04-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30828-dtn-weekly-ddg-price-lower-on-average
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Flat spot demand and softer ethanol output point to limited near-term support for DDG prices. Basis strength at ethanol plants reflects tight old-crop corn availability rather than a new demand shock.

## Read by commodity

- CORN: neutral
- DDGS: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/market-matters-blog/blog-post/2024/04/22/dtn-weekly-ddg-price-lower-average

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