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DTN's weekly average DDG spot price was unchanged at $150 per ton for the week ended January 2 as cash corn prices held steady over the holiday break. The U.S. Grains Council reported thin trading with FOB NOLA prices steady for January.
Stable DDG prices relative to corn and soymeal indicate balanced feed demand, with little price pressure in either direction during the quiet holiday period.
dtnpf.comMary KennedyJan 3, 2020Not 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.
