# Market Perspectives – July 7, 2022 - Page 6 of 10 - U.S. Grains & BioProducts Council

> DDGS prices fell $3-5/MT in the week amid continued weakness in commodity futures, and buyers adopted hand-to-mouth purchasing that slowed trade. Barge CIF NOLA offers were $10/MT lower on average and FOB Gulf offers were down $7-10/MT.

- Date: 2022-07-07 · published 2022-07-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40590-market-perspectives-july-7-2022-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weak corn and soymeal futures and cautious buyer procurement pressure DDGS values lower. Hand-to-mouth buying reduces near-term demand support.

## Read by commodity

- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-july-7-2022/6/

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