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DTN's weekly spot price for domestic DDGS rose $3 to $164 per ton for the week ended December 20. Tight supply followed slower ethanol output and some plant idlings.
Rising DDGS prices relative to soymeal could lead livestock rations to use less DDGS, which would cap the rally. For now, tighter supply supports DDGS prices.
dtnpf.comMary KennedyDec 21, 2018Not 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.
