Loading…
DTN reported domestic DDG spot prices averaged $136 per ton for the week ended Nov. 8, up $2 from the prior week.
The U.S. Grains Council said the market had shown steady prices with no major bullish or bearish news, while merchandisers reported sales to Indonesia and Vietnam. U.S. DDGS exports in September totaled 1,028,254 metric tons, up 15% from a year earlier.
Steady-to-firm DDG prices and solid export volumes support feed demand, and expected January price increases on winter domestic demand point to modest upward pressure.
dtnpf.comMary KennedyNov 13, 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.
