# Market Perspectives - May 30, 2019 - Page 6 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council weekly report put cash corn at $3.91/bushel, up sharply from the prior week. FOB ethanol plant DDGS edged up to $129.74/MT, and FOB Gulf vessel indications rose to $215/MT on rising grain prices. Asian buyers are holding back while they gauge whether the commodity rally will last.

- Date: 2019-05-30 · published 2019-05-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59180-market-perspectives-may-30-2019-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

Higher corn costs lift DDGS offers, but the DDGS-to-corn value ratio of 84% sits well below its two-year average of 107%, so DDGS is cheap relative to corn and may attract feed buyers.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-30-2019/6/

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