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The DTN domestic DDG weekly average spot price was slightly higher at $141 per ton for the week ended Nov. 7, across 40 locations.
DDG value relative to corn was 105.21% and relative to soybean meal was 46.13%. Southeast Asia container prices rose $1 per metric ton to $240.
Weaker cash corn from lower futures is pressuring DDG prices, and early cold weather may bring more feeder demand that DDG must stay competitive to capture, keeping upside limited.
dtnpf.comMary KennedyNov 8, 2019Not 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.
