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DDGS values fell $2-4 per metric ton in the week, as ethanol run rates and DDGS production rebounded 11 percent. A pullback in physical soymeal markets also eased DDGS values despite contract highs in soymeal futures.
Barge CIF NOLA prices pulled back for the first time in five weeks as barge freight eased.
Higher DDGS output and weaker soymeal cash trade put downward pressure on DDGS prices, which feed buyers can use to time purchases.
grains.orgJan 12, 2023Not enough comparable past events yet for a historical read.
Not 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.
