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Weekly DDGS commentary reports corn prices falling on large US supplies. FOB ethanol plant DDGS values rose slightly to $129.90, their sixth straight weekly gain, and DDGS at the Gulf fell in step with corn.
Lower corn prices weigh on feed-grain values, while firm DDGS values reflect steady export demand, so the net effect is a modest pressure on corn.
grains.orgAug 23, 2018grains.orgAug 23, 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.
