# DTN Weekly DDG Average Price Lower Again

> The DTN domestic DDG average spot price fell $3 to $125 per ton for the week ended May 2, a $14 drop over three weeks. Weaker soymeal and corn prices and rising ethanol output ahead of seasonal lower demand weighed on the market. DDG-to-corn value was 96.68%, below the two-year average.

- Date: 2019-05-03 · published 2019-05-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/59184-dtn-weekly-ddg-average-price-lower-again
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower soymeal and corn values and heavier ethanol production supply are pushing DDG prices down, though the decline has been gradual.

## Read by commodity

- SBM: bearish ▼
- DDGS: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2019/05/03/dtn-weekly-ddg-average-price-lower

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