# Market Perspectives – January 28, 2021 - Page 6 of 10 - U.S. Grains & BioProducts Council

> U.S. DDGS values continued to rally, with FOB ethanol plant values up $7.50/MT for the week. Kansas City offers rose $16.50/MT to $485.50/MT on stronger soymeal prices. Domestic demand was firm while export interest slowed, and Southeast Asian buyers held back in anticipation of lower offers.

- Date: 2021-01-28 · published 2021-01-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49268-market-perspectives-january-28-2021-page-6-of-10-u-s-grains-and-bioproducts
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stronger soymeal is pulling DDGS prices higher, and the DDGS/soymeal ratio above its three-year average suggests DDGS is relatively expensive versus soymeal. Buyers may face higher feed costs unless export demand picks up or offers ease.

## Read by commodity

- SBM: bullish ▲
- CORN: neutral
- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-january-28-2021/
- grains.org: https://grains.org/market_perspectives/market-perspectives-january-28-2021/6/

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