# DDGS Weekly Market Report – May 31, 2018 - U.S. Grains & BioProducts Council

> The U.S. Grains & BioProducts Council reported that weaker corn futures pressured DDGS bids for the week. Most ethanol plants had sold their June supplies but remained uncovered for late summer, and slow railcar logistics pushed some plants to offer spot product aggressively. FOB ethanol plant prices fell $1.50/MT, Kansas City soybean meal dropped $3/MT, and June barge CIF NOLA values fell $10/MT.

- Date: 2018-05-31 · published 2018-05-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65119-ddgs-weekly-market-report-may-31-2018-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Lower corn and soymeal values and logistics-driven spot offers push DDGS prices down, while DDGS's protein-cost advantage over soymeal widened, supporting feed demand for the co-product.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- DDGS: bearish ▼

## Sources

- grains.org: https://grains.org/ddgs_report/10370/

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