# DTN Weekly Average DDG Price Lower

> DTN reported the weekly average DDG spot price fell $2 to $148 per ton for the week ended January 30, as corn and soymeal markets moved lower. The EIA reported domestic ethanol inventories rising for a fourth week while blending demand rose.

- Date: 2020-01-31 · published 2020-01-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55182-dtn-weekly-average-ddg-price-lower
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower corn and soymeal values pulled DDG prices down, and rising ethanol inventories signal softer ethanol demand that weighs on DDGS values.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2020/01/31/dtn-weekly-average-ddg-price-lower
- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/market-matters-blog/blog-post/2020/01/31/dtn-weekly-average-ddg-price-lower

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