# Market Perspectives - May 10, 2018 - Page 6 of 11 - U.S. Grains & BioProducts Council

> DDGS prices rose the week of May 10, with FOB ethanol plant values up $4/MT even as soybean meal fell. Kansas City soymeal dropped $13/MT, reducing DDGS's per-protein cost advantage to $1.48. Asian buyers were still expecting lower prices, while exporters reported firm prices in Asia and Barge CIF NOLA values eased from the prior week's gain.

- Date: 2018-05-10 · published 2018-05-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65121-market-perspectives-may-10-2018-page-6-of-11-u-s-grains-and-bioproducts-council
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

DDGS firmness despite cheaper soymeal reflects solid export demand in Asia, while falling soymeal reduces the relative value of DDGS as a protein source.

## Read by commodity

- SBM: bearish ▼
- CORN: bullish ▲
- DDGS: bullish ▲
- SORGHUM: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-10-2018/
- grains.org: https://grains.org/market_perspectives/market-perspectives-may-10-2018/6/

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