# Market Perspectives – December 9, 2021 - Page 6 of 10 - U.S. Grains & BioProducts Council

> U.S. DDGS prices fell $2.50 for the week in the December 9 report, as large ethanol run rates pushed more product onto the market. Domestic users had already covered their Q4 2021 needs and were well-stocked for January. Kansas City soymeal dropped $5 per ton as the market rebalanced from an earlier rally.

- Date: 2021-12-09 · published 2021-12-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43713-market-perspectives-december-9-2021-page-6-of-10-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Heavy ethanol co-product supply and well-covered domestic buyers weigh on DDGS values. Lower soymeal also reduces the feed-cost support for DDGS.

## Read by commodity

- SBM: bearish ▼
- DDGS: bearish ▼
- OCEANFRT: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-december-9-2021/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-december-9-2021/9/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.