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Weekly DDGS commentary reports FOB US Gulf DDGS prices jumping to $224 per tonne for August shipment, with double-digit container increases to Southeast Asia. Merchandisers reported brisk sales to Vietnam and Thailand, and USDA projected Vietnamese DDGS consumption rising 45%.
Strong Southeast Asian import demand, especially from Vietnam, tightens DDGS supply and supports prices for feed buyers.
grains.orgAug 2, 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.
