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

> Cash corn was $3.20/bushel and FOB ethanol plant DDGS rose slightly to $144.30/MT, 9% above its two-year average. U.S. DDGS exports in August 2018 totaled 1,155,961 MT, up 52% year over year, led by Mexico, South Korea, Vietnam, Thailand and Indonesia. Gulf DDGS prices fell $1 to $183/MT as buyers paused after a container buying run.

- Date: 2018-10-11 · published 2018-10-11T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/62530-market-perspectives-october-11-2018-page-6-of-11-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Strong export volumes support DDGS demand, but the pause in buying and softer Gulf prices point to limited near-term price upside for feed buyers.

## Read by commodity

- DDGS: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-october-11-2018/6/

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