# Market Perspectives – May 12, 2022 - Page 6 of 10 - U.S. Grains & BioProducts Council

> DDGS prices fell $9.25/MT FOB ethanol plant through the week, with weaker soymeal values and quiet end-user demand after earlier aggressive buying. Supplies are rising as plants exit spring maintenance, and Barge CIF NOLA values were down $15/MT for June-August shipment.

- Date: 2022-05-12 · published 2022-05-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/41503-market-perspectives-may-12-2022-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), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Lower DDGS prices reduce feed ingredient costs for livestock and poultry buyers, while rising supply adds further downward pressure. The softer soymeal values are also weighing on the co-product.

## Read by commodity

- SBM: bearish ▼
- DDGS: bearish ▼
- OCEANFRT: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-12-2022/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-may-12-2022/9/

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