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U.S. DDGS prices rose $14/MT as end users extended coverage amid uncertainty. Rail-delivered DDGS rose $21-26/MT on fuel surcharges, and barge CIF NOLA prices gained $21/MT on spot positions.
Higher fuel and freight costs and buyer coverage push delivered DDGS prices up, tightening feed supply costs.
grains.orgMar 3, 2022Not enough comparable past events yet for a historical read.
After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.
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.
