# DTN Weekly Average DDG Price Sharply Higher

> DTN's average spot price for domestic distillers dried grains rose $12 to $217 per ton for the week ended January 7 across 40 locations. Tight supplies in some states, higher soybean meal prices and a rise in cash corn all contributed. DDG value relative to corn was about 123%, against a five-year average of 109%.

- Date: 2021-01-08 · published 2021-01-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49265-dtn-weekly-average-ddg-price-sharply-higher
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

DDG prices are tracking higher protein and corn costs, which raises the price of this feed alternative for buyers. Strong relative value to corn could pull demand toward DDGS.

## Read by commodity

- SBM: bullish ▲
- DDGS: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/market-matters-blog/blog-post/2021/01/08/dtn-weekly-average-ddg-price-sharply

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