Loading…
DDGS values fell this week after a rebound in ethanol output, with rail rates down $8-9/MT and Barge CIF NOLA offers $16 lower at $256/MT for spot. Mississippi River logistics constraints are distorting regional spreads.
Lower DDGS offers reduce feed cost alternatives to corn and soymeal, pressuring DDGS prices while river constraints limit movement from origin.
grains.orgSep 28, 2023grains.orgSep 28, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
