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U.S. DDGS prices rose $6 per metric ton in the week of February 10, a seventh consecutive weekly gain. Support came from domestic and international demand and strong soymeal futures, while ethanol run rates pulled back and tightened spot supplies.
Tighter spot DDGS supply and firm soymeal values lift feed ingredient costs, with the trend pointing to continued firmness.
grains.orgFeb 10, 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.
