# DDGS Weekly Market Report – August 8, 2019 - U.S. Grains & BioProducts Council

> Cash corn averaged $3.97/bushel and FOB ethanol plant DDGS prices fell $1.95/MT to $142.75/MT. DDGS are at 91% of corn value, below the two-year average of 107%, while soymeal reached $325/MT. Many ethanol plants are selling DDGS spot as production is expected to slow, and Southeast Asian inquiries are active.

- Date: 2019-08-08 · published 2019-08-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57682-ddgs-weekly-market-report-august-8-2019-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected slowdown in ethanol and DDGS output tightens near-term feed supply and supports DDGS prices, while soymeal weakness caps the feed complex.

## Read by commodity

- SBM: bearish ▼
- CORN: neutral
- DDGS: neutral

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-august-8-2019/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.