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DDGS prices rose the week of April 21 as ethanol run rates declined and tightened supplies, with the Kansas City soymeal/DDGS ratio at 0.6 and above its three-year average. Railcar shortages are affecting ethanol shipments, though merchandisers expect truck movement to limit the impact.
Tighter DDGS supply and firm corn and soymeal values support feed prices, while rail constraints add logistics costs for shipments.
grains.orgApr 21, 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.
