Loading…
DTN's domestic DDG average spot price was steady at $141 per ton for the week ended February 28. Truck prices firmed with a notable rise in California, where merchandisers call logistics poor after flooding, and Northern Plains roads were disrupted by a blizzard.
Weather-driven logistics disruption tightened regional DDG supply and supported local truck prices. Relative value to corn and soymeal remained favorable for feeders.
dtnpf.comMary KennedyMar 1, 2019Not enough comparable past events yet for a historical read.
After 55 past neutral weather events, Soybean Meal moved a median -0.1% over 5 sessions (47% higher; middle half -1.7% to +1.5%), and +0.1% over 20.
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.
