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DDGS prices were steady to $1 higher in the US the week of August 18, 2022, following the prior week's rally. Barge CIF NOLA values were steady to $2 higher, FOB NOLA spot offers rose $10/MT, and containerized DDGS to Southeast Asia averaged $388/MT.
Stable to firmer DDGS values and rising export offers support feed prices, while lower ethanol production trims domestic supply. Weakness in corn and soymeal futures after the August WASDE limits the upside for DDGS.
grains.orgAug 18, 2022grains.orgAug 18, 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.
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.
