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The DTN average DDG price rose $2 to $212 per ton for the week ended Jan. 20, with 34 locations reporting.
Ethanol production rose 47,000 bpd to 1.053 million bpd, 11.4% above the same week in 2021.
Steady livestock feeder demand and higher soymeal prices are keeping DDG values firm, and rising ethanol output adds some supply that limits the upside.
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.