# Market Perspectives – August 18, 2022 - Page 6 of 10 - U.S. Grains & BioProducts Council

> 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.

- Date: 2022-08-18 · published 2022-08-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40131-market-perspectives-august-18-2022-page-6-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- DDGS: bullish ▲
- OCEANFRT: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-august-18-2022/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-august-18-2022/9/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.