# Elite Octane comes online just in time to flood pre-holiday DDGS market  : The Daily Digest

> Elite Octane's new 120 million gallon per year ethanol plant in Iowa started crushing corn in early July, adding about 380,000 tons of DDGS to the regional market. Some plants offered DDGS at a $20/ton discount ahead of the July 4 holiday, when stocks were high and demand low.

- Date: 2018-07-04 · published 2018-07-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64158-elite-octane-comes-online-just-in-time-to-flood-pre-holiday-ddgs-market-the
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

The added regional DDGS supply during a seasonal demand lull adds pressure on DDGS prices in the Midwest.

## Read by commodity

- DDGS: bearish ▼

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/elite-octane-comes-online-just-in-time-to-flood-pre-holiday-ddgs-market/

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