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The DTN average DDG price for the week ended September 29, 2022 was $262/ton, up $4 on the week, with mixed regional moves. Weekly EIA data showed US ethanol output falling to 855,000 bpd, its lowest since February 2021, while soybean meal and cash corn prices declined.
Lower soybean meal and cash corn prices pressure DDG values, offsetting tighter supply from reduced ethanol output. The net effect is a modest rise in DDG prices with mixed regional support.
Not enough comparable past events yet for a historical read.
Not 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.
