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DTN's average domestic DDG price was $271 per ton for the week ended Jan. 5, up $2 from a week earlier.
Lower plant production and strong feeder demand supported prices, and the cash soybean meal price gave additional support. Winter storms disrupted truck and rail logistics.
Reduced DDG output and firm feeder demand, along with strength in soymeal, support DDG prices for feed buyers in the near term.
dtnpf.comMary KennedyJan 6, 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.
