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The DTN average DDG price slipped $1 to $206 per ton for the week ended June 15. New-crop corn futures hit their highest level since mid-April after forecasts showed no beneficial rain for major corn areas.
Rising corn prices on dry forecasts support DDG values even though spot DDG eased slightly. Feed buyers should watch corn for the next move in DDG.
dtnpf.comMary KennedyJun 16, 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.
