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The DTN weekly average DDG spot price rose $2 to $143 per ton for the week ended Nov. 14.
Early, record cold temperatures boosted feed demand, and EIA data showed ethanol inventories fell to their lowest level in over two years.
Cold-driven feed demand and tightening ethanol supplies support DDG prices, with DDG remaining priced relative to corn and soymeal above its three-year average.
dtnpf.comMary KennedyNov 15, 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.
