# DTN Weekly DDG Average Price Moves Lower

> DTN's average domestic DDG price fell $4 to $257 per ton for the week ended March 23 across 35 locations. Declining soybean meal prices pressured DDG while cash corn was largely unchanged. EIA data showed ethanol output dropping 17,000 bpd to 997,000 bpd, the lowest since early January.

- Date: 2023-03-24 · published 2023-03-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/36970-dtn-weekly-ddg-average-price-moves-lower
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weaker soymeal pulled DDG lower, and lower ethanol output reduces DDG supply over time. For feed buyers, the price softening offers a modest buying opportunity while supply tightens slightly.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2023/03/24/dtn-weekly-ddg-average-price-moves

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