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The DTN average price for domestic distillers dried grains from 33 locations rose $3 to $201 per ton for the week ended November 9. Rail and export demand supported prices, and the Mississippi at Memphis had risen to -5.37 feet, easing draft and tow restrictions that could be reinstated if water falls again.
Firmer rail and export demand plus easier river conditions support DDG values, while the risk of renewed barge restrictions could raise freight costs and pressure prices.
dtnpf.comMary KennedyNov 10, 2023Not 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.
