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The DTN average DDG price for the week ended April 7 was $294 per ton, up $1 from a week earlier. Ethanol production fell to its lowest level since late February, and prices tracked soybean meal moves.
Softer ethanol output and firm soymeal values point to modest support for DDG prices and feed costs.
dtnpf.comMary KennedyApr 26, 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.
