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The DTN domestic DDG average spot price fell $6 to $128 per ton for the week ended April 26, after an $11 drop over two weeks. Weak corn prices and rising ethanol output pressured spot truck prices.
Lower DDG prices make the byproduct a cheaper protein option against soybean meal, which could support DDG demand in feed rations while weighing on corn-linked values.
dtnpf.comMary KennedyApr 26, 2019Not enough comparable past events yet for a historical read.
Not 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.
