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DDGS prices rose $13/MT in the US in the week reported August 11, 2022, with buyers describing the tone as firmer. Barge CIF NOLA values were up $4/MT for spot and $6-7/MT for October-December, and international demand was becoming active amid a soymeal rally and European crop concerns.
Rising DDGS prices and active export demand tighten domestic feed supply and support feed costs. The rally in soymeal and corn ahead of the WASDE report helped lift DDGS values.
grains.orgAug 11, 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.
