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DTN's average price for domestic DDG from 35 locations was $276 per ton for the week ended Jan. 19, up $2 from the prior week.
Plant output rose for a second week, and demand picked up because soybean meal was priced high. Ethanol output also rose to a four-week high.
Stronger demand for DDG as a lower-cost alternative to expensive soybean meal supports DDG prices, though rising production limits gains.
dtnpf.comMary KennedyJan 20, 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.
