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The DTN average DDG price was $268 per ton for the week ended Dec. 21, up $14 from the prior week, with significant jumps in some states.
Demand stayed strong during extreme cold across much of the US, and cash corn continued to rise. EIA data showed ethanol output of 1.029 million bpd through Dec.
16.
Strong feed demand combined with lower ethanol output is tightening DDG availability, supporting higher prices for feed buyers. Rising corn prices also add to the cost base for DDG.
dtnpf.comMary KennedyDec 22, 2022Not 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.
