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

> U.S. DDGS prices rose $7/MT as buyers sought fall supply and ethanol run rates stayed slow, despite weaker soymeal futures. Kansas City soymeal fell $33/MT to two-month lows, and Gulf barge CIF NOLA values dropped $8-10/MT after Hurricane Ida.

- Date: 2021-09-09 · published 2021-09-09T12:00:00.000Z
- Category: logistics · region US · magnitude low
- Page: https://feedsoft.ai/events/45168-market-perspectives-september-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)

## Why it matters

Hurricane-related Gulf disruption and slow ethanol output tightened DDGS supply, while soymeal weakness narrowed the DDGS-to-soymeal ratio. Feed buyers should expect continued Gulf-driven volatility.

## Read by commodity

- SBM: bearish ▼
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-08-01 | [DDGS Weekly Market Report – August 1, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/57686-ddgs-weekly-market-report-august-1-2019-u-s-grains-and-bioproducts-council.md) | -1.7% | -1.4% |
| SBM | 2022-01-20 | [DDGS Weekly Market Report – January 20, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/7371-ddgs-weekly-market-report-january-20-2022-u-s-grains-and-bioproducts-council.md) | +0.2% | +11.1% |
| SBM | 2024-07-21 | [The ‘knowns’ and ‘unknowns’ of the Grains & Oilseeds market](https://feedsoft.ai/events/29321-the-knowns-and-unknowns-of-the-grains-and-oilseeds-market.md) | +4.1% | -8.6% |
| SBM | 2021-01-08 | [Argentine port strike with port-side grain inspectors ends \| 2021-01-08  \| World Grain](https://feedsoft.ai/events/49136-argentine-port-strike-with-port-side-grain-inspectors-ends-2021-01-08-world.md) | +5.6% | +1.0% |
| SBM | 2022-10-18 | [Sunflowers and soybeans in Ukraine are falling in price against the background of the new harvest and limited exports 18.10.2022 - UkrAgroConsult](https://feedsoft.ai/events/39249-sunflowers-and-soybeans-in-ukraine-are-falling-in-price-against-the-background.md) | -0.1% | -1.4% |

## Sources

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

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