Loading…
DTN's average domestic DDG spot price fell $1 to $121 per ton for the week ended July 19. Prices were mixed across 40 locations, with some areas improving on slightly firmer cash corn and export interest, and U.S. DDGS exports in May rose 38% year on year.
Lower DDG prices alongside firmer soymeal widen DDG's protein-value advantage, which can support feed demand for DDG in the near term.
dtnpf.comMary KennedyJul 20, 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.
