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DDGS prices in Lethbridge are reported 15-20% above feed barley, and US DDGS prices in Nebraska and Iowa were well above the five-year average on April 2. Ethanol plants have cut corn purchases and output sharply, cutting DDGS production as oil prices dived.
Tighter DDGS supply and high prices push meat and dairy producers toward canola meal and other substitutes, supporting those proteins and feed amino acid demand.
tridge.comCaio AlvesApr 26, 2020Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
