# Market Perspectives – February 9, 2023 - Page 6 of 10 - U.S. Grains & BioProducts Council

> The USGC weekly market perspectives report said DDGS values fell $5 per metric ton as soymeal futures pulled back and buyers awaited the February WASDE. Ethanol run rates remain strong, pushing more product to the domestic market, and December DDGS exports reached 0.887 million metric tons.

- Date: 2023-02-09 · published 2023-02-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37321-market-perspectives-february-9-2023-page-6-of-10-u-s-grains-and-bioproducts
- 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

Lower DDGS offers relative to soymeal and corn reflect ample domestic supply, which tends to keep feed co-product prices at a discount to soybean meal.

## Read by commodity

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

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-february-9-2023/6/

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