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CHS co-products manager Matthew Fitzthum told the Export Exchange that about 45 percent of annual U.S. distillers production is exported. He flagged competition from renewable diesel co-products, transportation concerns and possible GMO corn bans as sources of uncertainty.
Renewable diesel co-products could compete with DDGS in feed rations, and export-dependence means any shipping or trade disruption would pressure DDGS prices.
energy.agwired.comOct 17, 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.
