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DTN's average domestic DDG spot price was unchanged at $141 per ton for the week ended February 14. Merchandisers described a quiet market, and EIA data showed ethanol plant output rising for the first time in four weeks.
The USGC noted Asian buyers returning after the Lunar New Year holiday.
Stable domestic prices and a modest pickup in Asian demand suggest DDGS is holding its value for feed buyers. Plant output recovery adds some supply that could cap gains.
dtnpf.comMary KennedyFeb 15, 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.
