# Market Perspectives - August 5, 2021 - Page 6 of 10 - U.S. Grains & BioProducts Council

> U.S. DDGS prices firmed $2-3/MT in the week to August 5 on steady ethanol output and strong domestic demand. Kansas City soymeal rose $6/MT, and Barge CIF NOLA offers slipped $2-5/MT for August/September. Container tightness supported prices, and some exporters pulled offers for Hai Phong, Vietnam due to port congestion.

- Date: 2021-08-05 · published 2021-08-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45670-market-perspectives-august-5-2021-page-6-of-10-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Steady ethanol production and firm domestic demand support DDGS prices, while port congestion adds cost to export flows. Stronger DDGS values make it a more expensive substitute for corn and soymeal in feed rations.

## Read by commodity

- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-august-5-2021/6/

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