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The U.S. Grains Council hosted a Mexican feed company, Granjas Carroll, which had stopped buying US DDGS about a decade ago due to handling problems. Improvements in ethanol plant DDGS production have prompted the company to reconsider using the product.
A potential return of Mexican buyers would add export demand for US DDGS, supporting co-product prices. The outcome is uncertain and no sales have been confirmed.
hpj.comHPJ StaffSep 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.
