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DTN's weekly average spot price for domestic distillers dried grains rose $8 to $161 per ton for the week ended Dec. 13.
Prices have climbed $23 over three weeks. The EIA reported that ethanol output fell to a three-week low.
Tight DDG supplies and firm corn and soymeal values support DDG prices, which makes the product a more expensive feed ingredient for buyers. Ethanol plant margins remain weak, which limits any rebound in supply.
dtnpf.comDec 14, 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.
