# Market Perspectives – September 2, 2021 - Page 6 of 10 - U.S. Grains & BioProducts Council

> US DDGS prices rose $7/MT in the week as buyers sought fall supplies and ethanol plant run rates stayed slow. Kansas City soymeal prices fell $33/MT after futures broke to two-month lows. DDGS gained despite weakness in soymeal.

- Date: 2021-09-02 · published 2021-09-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45169-market-perspectives-september-2-2021-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

Buyers returning to DDGS for fall needs supports DDGS values, while weaker soymeal lowers the cost of a competing protein. The divergence favors DDGS relative to soymeal for feed formulators.

## Read by commodity

- SBM: bearish ▼
- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-september-2-2021/6/

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