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The U.S. Grains Council reported FOB ethanol plant DDGS down to $149.00/MT with cash corn steady. Rail, barge and Gulf export indications fell, and Southeast Asian container rates dropped $5/MT for May delivery.
Lower export indications for DDGS reflect softer international demand pricing, though merchandisers expect buying to pick up at current attractive levels.
grains.orgApr 11, 2019Not 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.
