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DTN's average DDG spot price fell $4 to $122 per ton for the week ended July 12. Merchandisers blamed lower soymeal and cheaper corn, and noted ample supply and heat-reduced animal feed intake.
Ample DDG supply and weaker corn and soymeal prices point to continued pressure on DDG prices in feed markets.
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.