Loading…
DTN's average domestic DDG price for the week ended April 28 was $296 per ton, down $4 week over week, across 34 reporting locations. Plant production rose 1.7% to 963,000 bpd, adding supply, and lower soybean meal cash prices added pressure.
Rising ethanol plant output adds DDG supply while weaker soymeal lowers the competing protein price, so feed buyers can expect softer DDGS pricing near term.
dtnpf.comMary KennedyApr 29, 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.
