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DTN's weekly domestic DDG spot price averaged $160 per ton for the week ended Jan. 3, down $4.
Spot truck values fell as demand slowed over the holidays and Eastern Corn Belt quality issues weighed on prices. US Gulf DDGS was quoted at $226 per metric ton for January delivery and decreasing into deferred months.
Holiday-slowed demand and weaker quality in the Eastern Corn Belt push domestic DDG prices lower, improving the value of the product for feed buyers versus corn and soymeal.
dtnpf.comMary KennedyJan 4, 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.
