# DDGS Weekly Market Report - February 1, 2024 - U.S. Grains & BioProducts Council

> USDA reported DDGS prices averaged $206 per short ton in its January 26 National Weekly Ethanol Report, essentially flat week over week. The DDGS/cash corn ratio ticked to 1.29 from 1.31, and the DDGS/soybean meal ratio rose to 0.58. February DDGS export quotes mostly rose $7-10/MT, though Gulf and Barge CIF New Orleans quotes fell $2-5/MT.

- Date: 2024-02-01 · published 2024-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31774-ddgs-weekly-market-report-february-1-2024-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Firm export quotes and a DDGS/soymeal ratio that keeps climbing make DDGS more competitive in feed rations, supporting domestic and export demand. Price moves were small, so the market impact is limited.

## Read by commodity

- SBM: neutral
- DDGS: neutral

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-february-1-2024/

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