# DTN Weekly DDG Price Lower on Average

> DTN's average spot price for domestic DDGS was $217 per ton for the week ended June 1, down $4 from the prior week. Demand has slowed and soybean meal weakness is adding pressure, while rising plant output keeps supply full.

- Date: 2023-06-02 · published 2023-06-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/35471-dtn-weekly-ddg-price-lower-on-average
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Softer DDGS spot prices lower the cost of this corn-based protein for feed formulators. Weakness in soybean meal also reduces the value of DDGS as a protein substitute.

## Read by commodity

- SBM: bearish ▼
- DDGS: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2023/06/02/dtn-weekly-ddg-price-lower-average

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