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Cash corn prices fell 10 cents per bushel as harvest sales accelerated. DDGS FOB ethanol plant prices rose $2.75/MT while Kansas City soymeal dropped $11/MT, and DDGS was priced at 105% of corn.
Southeast Asian bids firmed, with 40-foot container prices up $1/MT to $240/MT.
Lower soymeal and corn pressure keep DDGS competitively priced, while firming Southeast Asian demand provides modest support for export-oriented DDGS values.
grains.orgNov 7, 2019Not enough comparable past events yet for a historical read.
Not 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.
