# Market Perspectives - August 23, 2018 - Page 6 of 11 - U.S. Grains & BioProducts Council

> 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.

- Date: 2018-08-23 · published 2018-08-23T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/63530-market-perspectives-august-23-2018-page-6-of-11-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

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.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral
- SORGHUM: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-august-23-2018/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-august-23-2018/7/

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