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The U.S. Grains Council held a November conference in Mexico City to promote DDGS to buyers from seven Latin American countries that do not yet use the product commercially. Mexican end-users shared firsthand experience, and attendees discussed concerns about import logistics, costs and storage.
The aim is to trigger trial purchases in those markets.
Market development in Latin America could open new export outlets for U.S. DDGS if trials convert to regular purchases. The impact on prices is long-term and modest for now.
grains.orgDec 12, 2019Not 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.
