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DTN reports the average domestic DDG price for the week ended July 27 was $203 per ton, up $2 from a week earlier across 33 locations. Ethanol output rose week-on-week, and extreme heat reduced cattle appetites.
Plentiful DDG supply from rising plant output limits price gains, while heat-related cattle appetite loss weakens near-term feed demand.
dtnpf.comMary KennedyJul 28, 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.
