# Market Perspectives – October 28, 2021 - Page 6 of 10 - U.S. Grains & BioProducts Council

> U.S. DDGS prices fell $1/MT this week as rising ethanol output lifted domestic supplies. Brokers said high barge freight and logistics problems make domestic, Mexican and Canadian sales more attractive than Gulf exports. Kansas City soymeal rose $3.50/MT, and the DDGS to soymeal ratio sits at 0.52.

- Date: 2021-10-28 · published 2021-10-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44673-market-perspectives-october-28-2021-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

Growing ethanol co-product supply and freight costs push DDGS values lower relative to corn and soymeal, which favors buyers. Gulf FOB volatility could persist until new-crop harvest pressure arrives.

## Read by commodity

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

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-october-28-2021/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-october-28-2021/9/

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