# Market Perspectives – May 5, 2022 - Page 6 of 10 - U.S. Grains & BioProducts Council

> DDGS prices pulled back this week as soybean and soymeal prices weakened and ethanol plants returned from spring maintenance with more output. FOB ethanol plant DDGS averaged $297/MT, and export offers from the Gulf and to Southeast Asia were lower.

- Date: 2022-05-05 · published 2022-05-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41396-market-perspectives-may-5-2022-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Seasonal output increases and softer soymeal values are pushing DDGS lower, giving feed buyers a cheaper protein option. Buyers who double bought may pause, so near-term demand could stay soft.

## Read by commodity

- SBM: bearish ▼
- DDGS: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-5-2022/6/

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