# Market Perspectives – May 28, 2020 - Page 6 of 10 - U.S. Grains & BioProducts Council

> Cash corn prices rose across the U.S. during the week, with basis firm at 25 cents under July futures. DDGS prices at ethanol plants fell $7.50/MT while Kansas City soymeal dropped $2.50/MT to new contract lows, and DDGS sat at 133% of corn value, down from five-year highs.

- Date: 2020-05-28 · published 2020-05-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53223-market-perspectives-may-28-2020-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

DDGS losing value relative to soymeal and corn trims the cost advantage for feeders, which can shift rations back toward soybean meal and support corn demand at the margin.

## Read by commodity

- SBM: bearish ▼
- CORN: bullish ▲
- DDGS: bearish ▼
- BARGE: bullish ▲
- BARLEY: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-28-2020/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-may-28-2020/7/

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