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DDGS values at ethanol plants rose $5-6/MT in the week to September 1, 2022, as declining ethanol run rates and seasonal livestock feed demand lifted prices. Barge CIF NOLA DDGS rose $12/MT for September positions on tighter logistics, and July DDGS output was below 2021 levels.
Lower ethanol-plant output and firmer feed demand support DDGS prices, while tighter barge logistics raise export costs. Buyers should expect firm DDGS pricing into fall shipments.
grains.orgSep 1, 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.
