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The U.S. Grains Council describes 17 years of market development work that has built a DDGS export market worth more than $2.24 billion in 2019. It notes DDGS has become an important profit center for ethanol plants and a sought-after feed ingredient.
Sustained export promotion supports steady overseas demand for DDGS, a feed alternative that helps cushion corn and soymeal costs for buyers.
grains.orgFeb 23, 2021Not enough comparable past events yet for a historical read.
After 1,982 past trade events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.3% to +1.6%), and +0.4% over 20.
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.
