# Market Perspectives - May 16, 2019 - Page 6 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council reported cash corn at $3.44/bushel and FOB ethanol plant DDGS down to $129.74/MT. The DDGS-to-corn ratio was 96%, below its two-year average of 107%. Securing Gulf vessel cargoes for nearby delivery is getting harder, with June indications at $193/MT.

- Date: 2019-05-16 · published 2019-05-16T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59182-market-perspectives-may-16-2019-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Tight nearby Gulf supply and rising export offers suggest firmer DDGS export values, though southeast Asian container bids were mostly lower.

## Read by commodity

- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-16-2019/6/

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