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The U.S. Grains Council reported FOB ethanol plant DDGS at $150.74/MT with cash corn at $3.37/bushel. Rail, barge and Gulf export indications fell on lower corn and soymeal prices, while Southeast Asian container rates were mixed.
Weaker corn and soymeal values pulled DDGS export indications lower, pointing to softer feed byproduct pricing into May delivery.
grains.orgApr 4, 2019grains.orgApr 4, 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.
