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DTN's average spot price for domestic distillers dried grains (DDG) from 35 locations was $273 per ton for the week ended Jan. 26, down $3 from a week earlier.
Demand for spot supplies slowed while soybean meal prices kept rising, and DDG supplies remained readily available as plant output increased.
Ample DDG supply and slowing demand point to softer DDG values for feed buyers, although firm soybean meal and corn prices limit the downside.
dtnpf.comMary KennedyJan 27, 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.
