# DDGS Weekly Market Report - May 3, 2018 - U.S. Grains & BioProducts Council

> DDGS values rose in the week of May 3 as soybean meal climbed, with Kansas City soymeal up $10/MT. DDGS held a $1.92/protein-unit cost advantage over soymeal, and Barge CIF values were up $130/MT. Issues in Argentina pushed soymeal higher, lifting DDGS values for international buyers, especially for product bound for Japan.

- Date: 2018-05-03 · published 2018-05-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65122-ddgs-weekly-market-report-may-3-2018-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher soymeal prices make DDGS more cost-effective in rations, supporting its demand and price. Argentine supply problems also tighten the global protein market.

## Read by commodity

- SBM: bullish ▲
- DDGS: bullish ▲

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-may-3-2018/

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