# DTN Weekly DDG Offers Slim

> DTN reports weekly DDG spot prices were higher for the week ended April 2, with many plants showing no offers. Plants that slowed or stalled production are seeking to buy out of contracts, and feeders have shifted to corn, soymeal and corn gluten feed. Ethanol output fell to its lowest level since 2013 while inventories hit a record.

- Date: 2020-04-03 · published 2020-04-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53649-dtn-weekly-ddg-offers-slim
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tight DDG supply and high DDGS-to-corn price ratios push feeders toward corn, soymeal and corn gluten feed, lifting substitute feed demand while ethanol weakness limits corn demand.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/market-matters-blog/blog-post/2020/04/03/dtn-weekly-ddg-offers-slim

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