# Market Perspectives – September 28, 2023 - Page 6 of 9 - U.S. Grains & BioProducts Council

> 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.

- Date: 2023-09-28 · published 2023-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/34079-market-perspectives-september-28-2023-page-6-of-9-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Lower DDGS offers reduce feed cost alternatives to corn and soymeal, pressuring DDGS prices while river constraints limit movement from origin.

## Read by commodity

- SOY: bullish ▲
- DDGS: bearish ▼
- BARGE: bullish ▲
- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-september-28-2023/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-september-28-2023/9/

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