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USDA trade data show U.S. DDGS exports held steady through the 2020 marketing year despite China's anti-dumping and countervailing duties. Other buyers absorbed the surplus at prices below corn, and U.S. Grains Council programs are expanding demand among new buyers.
Export demand from diversified buyers and a wide discount to corn support DDGS as a cost-effective feed ingredient, with limited upside if China stays out of the market.
feedandgrain.comDec 1, 2020Not 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.
