Loading…
U.S. DDGS values were slightly weaker as ethanol plants cut run rates, and buyers held off on concerns about future supply. Container shortages in California left some vessels loaded below booked volume, pushing product into the CIF market and pressuring domestic values.
Container logistics problems are pushing extra DDGS into CIF positions and weighing on domestic prices, while international demand stays firm.
grains.orgDec 10, 2020grains.orgDec 10, 2020Not enough comparable past events yet for a historical read.
Not 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.
