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DTN's average spot DDG price rose $1 to $133 per ton for the week ended September 20, with prices mixed across reporting locations. DDG prices were pressured early in the week as corn fell, then partly recovered after a near-7-cent rally in corn futures on Thursday.
EIA data showed a larger-than-expected rise in ethanol output.
Ample DDG supplies from higher ethanol production weigh on prices, while thinning ethanol margins could lead some plants to cut run rates. Corn price moves feed through to DDG values.
dtnpf.comMary KennedySep 21, 2018Not 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.
