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The DTN average spot price for domestic distillers dried grains rose $4 to $258 per ton for the week ended September 22. Ethanol output fell to its lowest since February 2021 as plant production slowed, tightening DDG supplies.
Lower ethanol production means fewer DDG coproducts reaching the market, so tighter supplies are supporting higher spot DDG prices that feed buyers will face.
dtnpf.comMary KennedySep 23, 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.
