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DDGS prices were steady to higher the week of April 7 as ethanol run rates pulled back and soymeal values rose. Barge CIF NOLA and FOB Gulf DDGS values fell sharply on improved river navigation and more barge availability.
Better river conditions and more barge supply lower DDGS delivered costs, pressuring export-basis values even as domestic support from soymeal persists.
grains.orgApr 7, 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.
