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The U.S. Grains Council expects U.S. distillers grains exports to hold steady through 2024, with demand similar to recent years. The council's CEO also flagged growing global competition from soybean meal as new crush capacity comes online.
Stable DDGS export demand supports current prices, but rising soybean meal supply could pressure DDGS values in global feed markets over time.
brownfieldagnews.comMark DorenkampAug 8, 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.
