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DTN's average spot price for domestic DDG was $237 per ton in the week ended April 29, up $10 from the prior week. Drought-stricken U.S. pastures have kept feeders relying on DDG and other feed products in rations.
Some sellers are booking only May loads.
Drought-driven feed demand and firm corn and soymeal prices support DDG values. Buyers face tighter near-term offers and higher costs.
dtnpf.comMary KennedyApr 30, 2021Not enough comparable past events yet for a historical read.
Not 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.
