# DDGS Weekly Market Report – November 21, 2019 - U.S. Grains & BioProducts Council

> Cash corn prices fell about 5 cents per bushel across the U.S. during the week, while DDGS FOB ethanol plant prices held steady despite a $6/MT drop in Kansas City soymeal. Overseas buyers, notably Indonesia and South Korea, were actively securing U.S. DDGS, with prices up $5-6/MT for those destinations and Southeast Asia averaging $240/MT for December shipment. Canadian National Railway strike is affecting logistics and prices at some locations.

- Date: 2019-11-21 · published 2019-11-21T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/56171-ddgs-weekly-market-report-november-21-2019-u-s-grains-and-bioproducts-council
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [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

Firm export demand from Southeast Asia supports DDGS values, while the CN rail strike adds logistics friction that can widen regional basis and rail-delivered price differences for feed buyers.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-05 | [Market Perspectives – December 5, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/9816-market-perspectives-december-5-2019-u-s-grains-and-bioproducts-council.md) | -4.3% | +1.2% |
| CORN | 2019-11-14 | [Market Perspectives – November 14, 2019 - Page 6 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56173-market-perspectives-november-14-2019-page-6-of-10-u-s-grains-and-bioproducts.md) | -0.9% | -2.6% |
| CORN | 2021-09-23 | [Market Perspectives – September 23, 2021 - Page 7 of 10 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/44954-market-perspectives-september-23-2021-page-7-of-10-u-s-grains-and-bioproducts.md) | +1.3% | +2.0% |
| CORN | 2018-04-12 | [Market Perspectives - April 12, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/65405-market-perspectives-april-12-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | +0.1% | +3.3% |
| CORN | 2020-11-19 | [Analysis: COVID-19 Pandemic Weighed On 2019/2020 Global Ethanol Trade - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/50136-analysis-covid-19-pandemic-weighed-on-2019-2020-global-ethanol-trade-u-s-grains.md) | -1.2% | +0.0% |
| SBM | 2017-03-09 | [DDGS Weekly Market Report - March 9, 2017 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/71983-ddgs-weekly-market-report-march-9-2017-u-s-grains-and-bioproducts-council.md) | +0.3% | -5.1% |
| SBM | 2018-04-12 | [Market Perspectives - April 12, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/65405-market-perspectives-april-12-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | -0.9% | +2.4% |
| SBM | 2017-05-15 | [Competitive feed market in Malaysia creates potential for U.S. DDGS \| World-grain.com \| May 15, 2017 13:38 \| World Grain](https://feedsoft.ai/events/70994-competitive-feed-market-in-malaysia-creates-potential-for-u-s-ddgs-world-grain.md) | -0.9% | -2.6% |

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-november-21-2019/
- grains.org: https://grains.org/market_perspectives/market-perspectives-november-21-2019/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-november-21-2019/9/

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