Loading…
DDGS prices were mixed in the US domestic market the week of August 25, 2022, after modest gains the prior week. Barge CIF NOLA DDGS values rose $11/MT for September positions and FOB NOLA spot offers climbed $10/MT to $314, while 40-foot container offers to Southeast Asia rose $9/MT to $397.
Firm offers and rising export values support DDGS prices for feed buyers, though softer ethanol run rates and ample new-crop feed grain supplies limit upside. The DDGS/corn ratio sitting below its three-year average suggests DDGS remains relatively cheap versus corn.
grains.orgAug 25, 2022grains.orgAug 25, 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.
