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The soybean-to-corn price ratio has moved back toward a typical relationship after running unusually low from March to June 2022, when soybean meal traded below 1.5 times the value of DDGS. The analysis focuses on feeding decisions between soybean meal and DDGS.
A normalizing ratio shifts feed formulation toward soybean meal and away from cheaper energy and protein alternatives like DDGS. That affects relative demand for both ingredients.
dtnpf.comElaine KubAug 10, 2022Not 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.
