# Market Perspectives - November 15, 2018 - Page 6 of 11 - U.S. Grains & BioProducts Council

> The U.S. Grains Council's weekly report put FOB ethanol plant DDGS at $146.77/MT, up slightly from the prior week, with cash corn at $3.34/bushel. Prices rose on Southeast Asian demand and stronger domestic feeding, and U.S. Gulf indications for December delivery reached $204/MT, up for a third straight week.

- Date: 2018-11-15 · published 2018-11-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62165-market-perspectives-november-15-2018-page-6-of-11-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Rising Gulf and FOB DDGS prices signal firmer export demand from Southeast Asia, which supports DDGS values for feed buyers. Higher rail rates add to delivered costs.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral
- DDGS: bullish ▲
- OCEANFRT: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-november-15-2018/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-november-15-2018/9/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.