Loading…
DTN's average domestic DDG price was $268 per ton for the week ended Feb. 16, down $1 on the week, based on 35 locations.
Ethanol production rose 1.4% to 1.014 million bpd, and export offers to Southeast Asia rose $10 to $12 per metric ton.
Plentiful DDG supplies from higher plant output keep the feed-side price under pressure, though soybean meal remains expensive relative to DDG, which supports demand for DDG as a substitute.
dtnpf.comMary KennedyFeb 17, 2023Not 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.
