# Market Perspectives – October 5, 2023 - Page 6 of 9 - U.S. Grains & BioProducts Council

> DDGS values rose on the week amid steady ethanol grind and firmer demand, with corn's late-week rally offsetting soymeal weakness. Low Mississippi River draft levels and barge loading restrictions are raising prices for product bound for the Gulf.

- Date: 2023-10-05 · published 2023-10-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33727-market-perspectives-october-5-2023-page-6-of-9-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tighter barge logistics and firmer DDGS values support feed costs for buyers relying on Gulf-bound product, while the DDGS-to-corn ratio above its three-year average makes DDGS relatively expensive versus corn.

## Read by commodity

- CORN: neutral
- DDGS: bullish ▲
- BARGE: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-october-5-2023/6/

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