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DTN's weekly survey put average domestic DDG spot prices at $134 per ton, up $1 from two weeks earlier, for the week ended October 25. Ethanol plant output rose to 1.024 million bpd, and lower corn and soymeal futures kept prices range-bound.
DDG is priced at about 104% of corn and 44% of soymeal on a protein-cost basis, so it stays competitive for feed buyers. Ample ethanol output keeps supply sufficient and prices flat.
dtnpf.comMary KennedyOct 26, 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.
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.
