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The U.S. Grains Council's weekly market perspectives for the week of November 10 report slightly lower nearby North American delivered DDGS prices. Increased ethanol output adds coproduct supply, while lower barge and rail rates helped the market.
Growing DDGS supply and lower freight costs point to softer DDGS pricing, and DDGS value relative to corn is near break-even, limiting its appeal as a feed substitute.
grains.orgNov 11, 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.
