# Logistic Issues, Higher Corn Market Pushes DDG Higher

> DDG domestic prices climbed further, supported by a surge in corn after USDA estimated 2018 US corn plantings at 88.0 million acres, below the 90.2 million of a year earlier and under expectations. Logistical issues at the Gulf pushed export prices higher, and the average DDG spot price reached $159 for the week ended March 29.

- Date: 2018-04-02 · published 2018-04-02T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/65625-logistic-issues-higher-corn-market-pushes-ddg-higher
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The USDA acreage figure below expectations lifted corn and DDG values together. Gulf logistics bottlenecks add cost to export shipments and support higher prices.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-10-11 | [WASDE report pushes corn, soybean futures higher - RealAgriculture](https://feedsoft.ai/events/62482-wasde-report-pushes-corn-soybean-futures-higher-realagriculture.md) | +4.1% | +4.1% |
| CORN | 2021-04-07 | [High soy and corn prices affect Lysine market - Food & Agribusiness](https://feedsoft.ai/events/47937-high-soy-and-corn-prices-affect-lysine-market-food-and-agribusiness.md) | +2.8% | +25.3% |
| CORN | 2021-05-05 | [Prices higher, corn continues tight: IGC - Grain Central](https://feedsoft.ai/events/47118-prices-higher-corn-continues-tight-igc-grain-central.md) | +1.4% | -4.0% |
| CORN | 2022-01-20 | [Corn Market 288 \| Maiz'Europ'](https://feedsoft.ai/events/43161-corn-market-288-maiz-europ.md) | +1.6% | +6.7% |
| CORN | 2021-06-10 | [June WASDE pushes corn over $7/bushel](https://feedsoft.ai/events/46512-june-wasde-pushes-corn-over-7-bushel.md) | -1.8% | -2.6% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2018/04/02/logistic-issues-higher-corn-market

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