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Canada imported about 700,000 tonnes of U.S. DDGS in 2017, the largest since 2011, and 62,000 tonnes in January 2018. Canadian feeders are buying more because Canada's 2017 wheat and barley quality improved and domestic feed grain supplies are smaller.
Stronger Canadian demand for U.S. DDGS supports prices, and DDGS priced below soymeal makes it more attractive to feeders.
farmtario.comPhil Franz-WarkentinMar 8, 2018
agcanada.comAGCanadaMar 8, 2018
grainews.caGFM Network NewsMar 8, 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.
