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Cash corn averaged $4.16/bushel across the U.S. during the week, lower on the week. FOB ethanol plant DDGS fell slightly to $147.34/MT, and soymeal dropped to $340.40/MT.
Merchandisers reported stronger international buying interest, with Taiwan, Korea, and Southeast Asian markets active.
Lower corn and soymeal values pulled DDGS prices down, while rising export inquiries could firm demand. Container freight to Southeast Asia held steady at about $244/MT.
grains.orgJul 25, 2019Not enough comparable past events yet for a historical read.
Not 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.
