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The DTN spot price for domestic distillers dried grains averaged $190 per short ton across 33 reporting locations for the week ended October 22, down $3 from the prior week. Prices were mixed but moved lower on average as the cash corn price weakened.
Lower DDGS prices reflect softer cash corn and ethanol co-product values, a modest bearish signal for DDGS in feed rations.
Not 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.