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The DTN average DDG price for the week ended September 15, 2022 was $254/ton, up $9 from the prior week. Feeders increased demand because cash corn was hard to source, and rail service slowed ahead of a possible railroad strike that was averted.
Limited cash corn availability is pushing feeders toward DDG, supporting prices. Rail disruption risk added to logistics costs before the strike was averted.
dtnpf.comMary KennedySep 16, 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.
