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The U.S. Grains Council weekly report puts FOB ethanol-plant DDGS at about $154 per metric ton and the DDGS-to-corn value at 113%. Merchandisers reported sales to Indonesia and Vietnam, and seasonal domestic feeding demand is firming prices.
Firm export and domestic demand tightens DDGS supply and supports prices. DDGS prices relative to corn also influence feed-ration choices.
grains.orgDec 6, 2018grains.orgDec 6, 2018grains.orgDec 6, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
