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The DTN weekly average DDG spot price fell $1 to $141 per ton for the week ended October 16, pressured by weaker cash corn. Mississippi River lock closures at Locks 16 and 17 and a Lower Mississippi closure were stalling transport of export containers to the Gulf.
Barge delays slow DDG export movements and add freight costs, which weighs on Gulf DDG offers and supports barge freight rates.
dtnpf.comMary KennedyOct 17, 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.
