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The DTN average spot price for DDG held steady at $141 per ton for the week ended July 11, across 40 locations. Prices were mixed as seasonal demand eased and feeders had other feed options.
Ethanol output dipped to a five-week low.
Flat DDG prices and a softer seasonal demand outlook point to limited near-term price support. Tight ethanol plant margins could keep output and co-product supply under pressure.
dtnpf.comMary KennedyJul 12, 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.
