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DTN reports the average spot price for domestic distillers dried grains was $235 per ton for the week ended Feb. 11, up $1 from the prior week.
Rail and river logistics were hit by extreme cold and snow, making DDG movement difficult. Ethanol plant output rose 1,000 bpd to 937,000 bpd, still 9.3 percent below the prior year.
Transport disruptions limit DDGS movement to buyers, keeping prices firm despite steady production. A slowdown in output from the cold snap could tighten supply further.
dtnpf.comFeb 12, 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.
