# Market Perspectives – May 11, 2023 - Page 6 of 9 - U.S. Grains & BioProducts Council

> DDGS values firmed in the week of May 11 after several weeks of declines, as end users increased purchases. Declining ethanol output reduced spot supplies, and the DDGS to corn price ratio stayed above its three-year average.

- Date: 2023-05-11 · published 2023-05-11T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36040-market-perspectives-may-11-2023-page-6-of-9-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Renewed buying and tighter spot supply lifted DDGS prices, which raises the cost of this feed ingredient for buyers and supports its value against corn and soymeal.

## Read by commodity

- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-11-2023/6/

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