# Market Perspectives - June 6, 2019 - Page 6 of 10 - U.S. Grains & BioProducts Council

> Weekly U.S. Grains Council market report showed cash corn at $3.88/bushel, down week on week, while FOB ethanol plant DDGS rose to $140.24/MT. The DDGS-to-corn value ratio was 92%, below its two-year average of 107%. Gulf FOB DDGS indications were $218/MT for July delivery as buyers awaited futures moves.

- Date: 2019-06-06 · published 2019-06-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/58684-market-perspectives-june-6-2019-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A DDGS-to-corn ratio below its two-year average suggests DDGS is relatively cheap versus corn, which can support feed demand and export interest. Asian buyers are expected to return, supporting DDGS prices.

## Read by commodity

- CORN: neutral
- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-june-6-2019/6/

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