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Feed buyers in Western Canada are turning to DDGS as feed barley and wheat prices rose between C$2.70 and C$4.76 per bushel over the past year amid persistent drought on the Prairies. Demand is strong from Canadian feeders and Mexico is the largest U.S. DDGS customer.
Drought-driven increases in feed grain prices are pushing buyers toward DDGS, which supports DDGS demand and prices while feed barley and wheat remain firm.
farmtario.comAdam PeleshatyAug 9, 2021
agcanada.comAGCanadaAug 9, 2021Not enough comparable past events yet for a historical read.
Not 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.
