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The DTN average price for domestic DDG from 33 locations was $183 per ton for the week ended Nov. 11, down $4 from the prior week.
Spot demand slowed while supplies stayed plentiful, and ethanol production fell for the first time in six weeks.
Slower spot demand combined with ample plant supply pressures DDG prices lower. Ethanol output changes affect the near-term DDG supply balance.
dtnpf.comMary KennedyNov 12, 2021Not 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.
