# DTN Weekly DDG Price Moves Lower on Average

> DTN's average price for domestic distillers dried grains fell $3 to $254 per ton for the week ended April 27, across 35 reporting locations. Lower soybean meal and sharply weaker cash corn drove the decline, and EIA data showed US ethanol output dipping to 967,000 bpd.

- Date: 2023-04-28 · published 2023-04-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36503-dtn-weekly-ddg-price-moves-lower-on-average
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

DDGS is priced off corn and soybean meal, so the drop in both lowers the cost of this feed alternative for buyers. Weaker corn and cheaper barge rates keep export offers competitive.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2023/04/28/dtn-weekly-ddg-price-moves-lower

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