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The DTN average DDG price was $220 per ton for the week ended July 7, down $4 on average. Prices remained under pressure from lower corn prices and weak spot demand, and the DTN National Corn Index fell 26 cents, while U.S. DDGS exports reached 966,108 mt in May.
Lower corn values and weak spot demand pull DDG prices down, making feed ingredients cheaper for buyers in the near term. Export volumes provide some underlying support.
dtnpf.comMary KennedyJul 8, 2022Not 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.
