# Market Perspectives - April 19, 2018 - Page 6 of 11 - U.S. Grains & BioProducts Council

> DDGS prices lacked clear direction in the week, with FOB ethanol plant values up $2/MT after a slump in ethanol output. Cash soybean meal fell $6/MT, adding pressure on DDGS. Southeast Asia CIF prices rose about $2/MT on average, with Taiwan up $4/MT.

- Date: 2018-04-19 · published 2018-04-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/65623-market-perspectives-april-19-2018-page-6-of-11-u-s-grains-and-bioproducts
- Commodities: [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

Lower soymeal and a modest ethanol-driven supply tightening leave DDGS prices range-bound. Asian demand strength is a supportive factor for export-oriented pricing.

## Read by commodity

- SBM: bearish ▼
- DDGS: neutral
- SORGHUM: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-april-19-2018/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-april-19-2018/9/

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