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DTN's average DDG price was $249 per ton for the week ended Oct. 20, down $3 on the week.
Plant output increased again, and feeders were reluctant to pull DDG from rations while cash corn and soybean meal were expensive.
Plentiful DDG supply against soft feeder demand keeps downward pressure on DDG prices, while high corn and soybean meal costs limit how far they fall.
dtnpf.comMary KennedyOct 21, 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.
