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The DTN average DDG price was $223 per ton for the week ended July 14, up $3 from the prior week. Prices rose on the rally in soybean meal and tighter DDG supplies as ethanol output fell for a fourth week to an eight-week low of 1.005 million bpd.
Soybean meal strength and reduced ethanol output tighten DDG availability, supporting prices. The turn higher after weeks of declines signals firmer feed-ingredient demand.
dtnpf.comMary KennedyJul 15, 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.
