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Kansas City soymeal rose $3.42 to $356.05/MT in the week to July 26, and FOB ethanol plant DDGS values edged higher. Containers to Japan rose $4/MT, and buyers in Southeast Asia, India and the Middle East were seeking offers.
Firmer soymeal and steadier export demand narrow DDGS's protein-cost advantage and support DDGS prices, which the report says have likely reached a level that matches buyer interest.
grains.orgJul 26, 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.
