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DDGS prices rose $11/MT at FOB plants as ethanol plants worked through spring maintenance, slowing output. Barge values fell $11-25/MT on the reopening of most of the Mississippi River system, while Lethbridge offers were sparse due to a possible CP Rail strike.
Reopened river access lowers barge costs, but the possible Canadian rail strike and reduced plant output support DDGS prices.
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.