# The Impact of Low Stocks-to-use Ratio and the Ukraine-Russia Conflict on the Distillers-to-Corn Price Ratio | CropWatch | Nebraska

> A Nebraska CropWatch analysis examines how low corn stocks-to-use and the Russia-Ukraine conflict affect the distillers-to-corn price ratio. It explains that DDGS supply depends on fuel ethanol and corn, and that wet distillers grains are sold within a limited radius while dry DDGS moves longer distances.

- Date: 2022-11-17 · published 2022-11-17T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/38676-the-impact-of-low-stocks-to-use-ratio-and-the-ukraine-russia-conflict-on-the
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight corn supplies raise the cost of DDGS production and shift the DDGS-to-corn price ratio, which determines how competitive DDGS is in livestock rations and therefore its demand.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-06 | [Nitrogen Fertilizer Prices and Supply in Light of the Ukraine-Russia Conflict - farmdoc daily](https://feedsoft.ai/events/42133-nitrogen-fertilizer-prices-and-supply-in-light-of-the-ukraine-russia-conflict.md) | -1.9% | -6.1% |
| CORN | 2022-02-25 | [Fertilizer Prices Keep Rising and the Russia-Ukraine Conflict Could Make it Worse \| College of Agricultural and Environmental Sciences](https://feedsoft.ai/events/43025-fertilizer-prices-keep-rising-and-the-russia-ukraine-conflict-could-make-it.md) | +6.6% | +10.3% |
| CORN | 2024-09-12 | [Brazilian market has firm prices and new area cut in the summer corn crop](https://feedsoft.ai/events/13549-brazilian-market-has-firm-prices-and-new-area-cut-in-the-summer-corn-crop.md) | +4.9% | +5.1% |
| CORN | 2023-01-03 | [How Consumers and Businesses are Reacting to Food Price Inflation - Euromonitor.com](https://feedsoft.ai/events/12190-how-consumers-and-businesses-are-reacting-to-food-price-inflation-euromonitor.md) | -2.2% | -1.0% |
| CORN | 2025-09-29 | [Strong domestic demand in Brazil will require more of the second corn crop in 2026](https://feedsoft.ai/events/13473-strong-domestic-demand-in-brazil-will-require-more-of-the-second-corn-crop-in.md) | -1.8% | -1.5% |

## Sources

- cropwatch.unl.edu: https://cropwatch.unl.edu/2022/impact-low-stocks-use-ratio-and-ukraine-russia-conflict-distillers-corn-price-ratio/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.