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More than one in three metric tons of U.S. DDGS exports in 2020 went to Southeast Asia and Oceania, according to the U.S. Grains Council. U.S. DDGS purchases in the region rose from 2.60 million metric tons in 2016 to 3.83 million in 2020.
Steady structural demand growth in Southeast Asia supports U.S. DDGS export volumes and underpins prices for feed buyers in the region.
feedandgrain.comMar 4, 2021Not 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.
