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The DTN average price for domestic DDGS from 34 locations was $229 per ton for the week ended Aug. 4, down $3 week on week.
Spot demand is slow seasonally while plant output rises, and barge CIF NOLA values fell $15 per metric ton.
Ample DDGS supply and slow spot demand point to softer DDGS prices for feed buyers in the near term.
dtnpf.comMary KennedyAug 5, 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.
