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The DTN average price for domestic distillers dried grains from 33 locations was $202 per ton for the week ended July 6, down $1 from a week earlier. Plant output is rising amid tight domestic and export demand, and barge CIF NOLA DDGS offers fell $14 per metric ton as barge freight weakened.
Rising DDGS production against only moderate demand keeps feed co-product prices under pressure, giving buyers ample supply and softer prices relative to corn and soybean meal.
dtnpf.comMary KennedyJul 7, 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.
