Loading…
Iowa ethanol plant selling prices averaged $2.48 per gallon for November 1-18, above October's $2.35. DDGS prices at Iowa plants averaged $222.53 per ton for November 1-18, down from $245.08 in October, while corn paid by plants averaged $6.82 per bushel.
Falling DDGS prices alongside lower corn costs narrow the value of DDGS relative to corn, which makes DDGS a less attractive substitute for feed buyers at current levels.
ksugrains.wordpress.comksugrainsNov 22, 2022Not 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.
