# US DDGS price stabilises and MBM demand unclear - Food & Agribusiness

> U.S. DDGS spot prices are stabilising as soymeal supply fundamentals become clearer ahead of summer. Drought in western U.S. states is pushing traders to supply farms that do not normally use DDGS. Meat and bone meal ruminant prices fell with soy values, and trading slowed in the Middle East and Asia during Ramadan.

- Date: 2021-04-21 · published 2021-04-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/47720-us-ddgs-price-stabilises-and-mbm-demand-unclear-food-and-agribusiness
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Lower soymeal values and weaker Asian demand are pressuring MBM prices. Drought-driven feed demand in the West provides some support for DDGS.

## Read by commodity

- MBM: bearish ▼
- SBM: bearish ▼
- DDGS: neutral

## Sources

- live.allaboutfeed.net: https://live.allaboutfeed.net/article/us-ddgs-price-stabilises-and-mbm-demand-unclear/
- foodagribusiness.world: https://www.foodagribusiness.world/feed/us-ddgs-price-stabilises-and-mbm-demand-unclear

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