# DDGS Weekly Market Report – January 2, 2020 - U.S. Grains & BioProducts Council

> The U.S. Grains Council's weekly DDGS report for January 2 says cash corn was steady with basis 20 cents under March futures. DDGS FOB ethanol plants rose $2/MT while Kansas City soymeal fell $4/MT, leaving DDGS at 108% of corn value.

- Date: 2020-01-02 · published 2020-01-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55179-ddgs-weekly-market-report-january-2-2020-u-s-grains-and-bioproducts-council
- 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

DDGS priced at a high share of corn and a low ratio to soymeal makes it less attractive to feeders relative to soymeal, limiting demand support; prices were broadly steady with thin holiday trading.

## Read by commodity

- SBM: neutral
- CORN: neutral
- DDGS: neutral

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-january-2-2020/

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