# DDGS Weekly Market Report – August 6, 2020 - U.S. Grains & BioProducts Council

> Cash corn prices fell 2% nationally, with basis at 21 cents under September futures. DDGS at ethanol plants held steady, while Kansas City soymeal dropped $7/MT as soymeal futures weakened. Export offers were mixed, with Barge CIF NOLA down $3/MT for September and up $5/MT for October.

- Date: 2020-08-06 · published 2020-08-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51712-ddgs-weekly-market-report-august-6-2020-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Weaker soymeal futures pull down the value of competing protein meals and cap DDGS pricing. Mixed export offers suggest no clear direction for DDGS demand yet.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- DDGS: neutral

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-august-6-2020/

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