Loading…
The DTN average DDG spot price rose $10 to $133 per ton for the week ended May 30 across 40 locations. The DTN National Corn Index gained 23 cents over the same period.
DDG was valued at 85.36% of corn, below its five-year average, and the USGC reported higher FOB Gulf indications.
Higher corn prices and rising export offers support DDG values, while DDG priced below corn keeps its feed value attractive. Buyers should expect firmer co-product pricing if corn strength continues.
dtnpf.comMary KennedyMay 31, 2019Not 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.
