# ICM and The Andersons will target soybean meal market with new DDG  : The Daily Digest

> ICM and The Andersons are building a biorefinery in Colwich, Kansas, that will produce a higher-quality DDG without fiber. The fiber is removed earlier in the process to make cellulosic ethanol. The product is intended to compete with soybean meal rather than corn-based feed.

- Date: 2018-05-14 · published 2018-05-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65123-icm-and-the-andersons-will-target-soybean-meal-market-with-new-ddg-the-daily
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

A fiber-free DDG aimed at soymeal customers could add protein supply to the feed market once operating, modestly pressuring soymeal prices. The effect depends on start-up timing and pricing.

## Read by commodity

- SBM: bearish ▼
- DDGS: neutral

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/icm-and-the-andersons-will-target-soybean-meal-market-with-new-ddg/

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