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Cattle producers are cutting more silage and earlage this year because dried distillers grains are priced high and in short supply. Producers who feed large amounts of ethanol byproduct are worried about winter feeding.
Tight DDG availability and high prices push cattle feeders toward forage substitutes, which supports DDG prices and shifts feed demand.
spotonsouthdakota.comOct 24, 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.
