Loading…
DTN's weekly average spot price for domestic distillers dried grains was unchanged at $141 per ton for the week ended February 21. Merchandisers said hog and poultry demand was flat, and snow and ice were slowing truck movement in the Midwest.
The U.S. Grains Council reported higher Gulf FOB values for April delivery at $221/mt.
With DDGS steady and feed demand flat, buyers have little pressure to change inclusion rates. Firmer Gulf export values and higher rail rates point to slightly stronger export-side support.
dtnpf.comMary KennedyFeb 22, 2019Not 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.
