# Market Perspectives - April 26, 2018 - Page 6 of 11 - U.S. Grains & BioProducts Council

> DDGS prices were mixed in the week, with buyers resisting higher prices while sellers held offers on some routes. FOB ethanol plant DDGS rose $2/MT alongside a $3/MT gain in Kansas City soybean meal, while barge CIF NOLA fell $4/MT for nearby shipment. Southeast Asia CIF prices dropped $2/MT as foreign buyers grew frustrated with high DDGS prices.

- Date: 2018-04-26 · published 2018-04-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65621-market-perspectives-april-26-2018-page-6-of-11-u-s-grains-and-bioproducts
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Firm soybean meal is supporting DDGS values, but resistance from overseas buyers signals limits on further export-led upside. Feed buyers face a DDGS cost advantage versus soymeal that is holding demand in domestic rations.

## Read by commodity

- SBM: bullish ▲
- DDGS: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-april-26-2018/6/

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