# DTN Weekly Average DDG Price Lower

> DTN's average domestic DDG spot price fell $5 to $135 per ton for the week ended August 1, across 40 locations. Prices were pressured by corn and soymeal losses and slower summer demand, and DDG was valued at 96.24% of corn and 46.04% of soymeal. Ethanol supply rose for a fifth straight week to a record 24.468 million barrels.

- Date: 2019-08-02 · published 2019-08-02T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57683-dtn-weekly-average-ddg-price-lower
- 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

Record ethanol output adds DDG supply and weighs on prices, while DDG's discount to corn and soymeal makes it more attractive to feeders, supporting demand.

## Read by commodity

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

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2019/08/02/dtn-weekly-average-ddg-price-lower

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