# Market Perspectives – January 12, 2023 - Page 6 of 10 - U.S. Grains & BioProducts Council

> 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.

- Date: 2023-01-12 · published 2023-01-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/37900-market-perspectives-january-12-2023-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)

## Why it matters

Higher DDGS output and weaker soymeal cash trade put downward pressure on DDGS prices, which feed buyers can use to time purchases.

## Read by commodity

- SBM: neutral
- DDGS: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-january-12-2023/6/

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