Loading…
The DTN average price for domestic DDG across 34 locations was $231 per ton for the week ended June 23, down $7 week over week. Prices fell under pressure from lower corn and soybean meal and weak nearby demand.
Containerized DDGS to Southeast Asia averaged about $414/mt.
Lower DDG prices reflect softer corn and meal values and thin feeder demand, which gives buyers cheaper protein and energy options. The DDG-to-corn value of 86.6% indicates DDG is priced at a discount to corn.
dtnpf.comMary KennedyJun 24, 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.
