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The DTN average DDG price was $235 per ton for the week ended Dec. 1, up $1 from two weeks earlier.
Prices were mixed but found support from stronger demand. USDA data showed October DDGS production was down 10.4% from a year earlier.
Lower year-over-year DDGS output has limited supply and kept prices from weakening. Mixed price moves suggest the market is balanced for now.
dtnpf.comMary KennedyDec 2, 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.
