# Market Perspectives - March 28, 2019 - Page 6 of 10 - U.S. Grains & BioProducts Council

> The U.S. Grains Council weekly report shows cash corn at $3.46/bushel and FOB ethanol plant DDGS up to $155.92/MT, with the DDGS/corn value at 112%. Export DDGS prices were mostly flat to slightly down, with FOB Gulf for April at $220/MT, and merchandisers cite river logistics problems.

- Date: 2019-03-28 · published 2019-03-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60187-market-perspectives-march-28-2019-page-6-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Flood-related barge disruption is constraining nearby DDGS delivery from the Gulf and river routes, which keeps export basis pressured. Strong DDGS relative to corn favors feeders substituting DDGS for corn.

## Read by commodity

- CORN: neutral
- DDGS: neutral
- BARGE: bullish ▲
- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-march-28-2019/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-march-28-2019/9/

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