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The DTN average price for domestic DDG from 33 locations slipped $1 to $194 per ton for the week ended October 5. Ethanol production rose to 1.009 million barrels per day, 11.9% above the same week last year, while the cash corn price improved.
Slightly lower DDG prices alongside higher ethanol output point to ample co-product supply, though steady demand and firmer corn limit downside for feed buyers.
dtnpf.comMary KennedyOct 6, 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.
