# DDGS Weekly Market Report – July 22, 2021 - U.S. Grains & BioProducts Council

> U.S. DDGS prices fell $6/MT week over week despite a second weekly cut in ethanol run rates. Buyers stayed on hand-to-mouth purchasing, and the DDGS/cash corn ratio hit its lowest level since at least 2016. Export offers to Southeast Asia and Gulf rose on picked-up demand.

- Date: 2021-07-22 · published 2021-07-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46166-ddgs-weekly-market-report-july-22-2021-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A record-low DDGS-to-corn ratio makes DDGS relatively cheap versus corn, supporting feed substitution demand. Mixed signals from ethanol cuts and export interest leave the price direction uncertain.

## Read by commodity

- CORN: neutral
- DDGS: neutral

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-july-22-2021/

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