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DDGS prices pulled back from recent highs as spring ethanol plant maintenance ends and output rises, with FOB ethanol plant values down $5/MT. Barge CIF NOLA DDGS values fell $15-16/MT for April and May as barge freight rates eased after a spike.
Rising DDGS supply and lower barge freight pressure feed-buyer costs down in the near term, though soymeal/DDGS and DDGS/corn ratios remain above three-year averages.
grains.orgMar 31, 2022Not enough comparable past events yet for a historical read.
Not 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.
