# DTN Weekly DDG Price Steady on Average

> The DTN domestic DDG weekly spot price averaged a steady $147 per ton for the week ended Feb. 27 across 40 locations. Cash soybean meal prices rallied after Argentina suspended agricultural export registrations, which could raise export taxes.

- Date: 2020-02-28 · published 2020-02-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/54695-dtn-weekly-ddg-price-steady-on-average
- 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

Steady DDG prices alongside a soymeal rally improve DDG's relative value against soybean meal (49.51%), supporting feed demand. Possible Argentine export tax increases could tighten soymeal supply and lift meal prices.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2020/02/28/dtn-weekly-ddg-price-steady-average

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