Loading…
One of Peru's largest dairy producers has started buying U.S. DDGS for the first time after one-on-one consultations organized by the U.S. Grains Council. That single buyer adds roughly 10% to Peru's total DDGS demand, and Peru imported a record 31,600 tons of U.S. DDGS in 2016-17.
Rising Latin American dairy demand for U.S. DDGS supports export volumes and cargo flows, which can firm FOB Gulf values. The gain is modest in scale relative to global DDGS trade.
world-grain.comHolly Demaree-SaddlerApr 6, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
