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DTN's weekly spot price for domestic distillers dried grains averaged $145 per ton for the week ended Jan. 24, down $3 from the prior week.
Spot truck values were steady to lower as some buyers held off, expecting further declines. Export indications for FOB U.S. Gulf were mostly higher on firmer demand and tighter supply.
Weak domestic DDG prices give feed buyers a cheaper protein alternative to soymeal, though a cold snap and lower ethanol output could support demand in coming weeks. Firmer export offers may limit further downside.
dtnpf.comMary KennedyJan 25, 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.
