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DTN's weekly average for domestic distillers dried grains rose $2 to $197 per ton for the week ended October 26 across 33 locations. Ethanol output was 1.04 million barrels per day, and the DTN National Corn Index fell 25 cents.
Firm DDG prices despite higher plant output signal solid demand relative to corn, supporting feed cost comparisons. Lower corn futures keep DDG's value relative to corn attractive for livestock buyers.
dtnpf.comMary KennedyOct 27, 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.
