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DTN reported the average DDG spot price at $149 per ton for the week ended February 1, up 6 cents over two weeks, across 33 locations. DDG remained well below soymeal per unit of protein, fueling feeder demand, while lower ethanol output could tighten plant supplies.
Strong DDG demand relative to soymeal and tighter ethanol-plant output support firm prices for feed buyers in the near term.
dtnpf.comMary KennedyFeb 2, 2018Not enough comparable past events yet for a historical read.
Not 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.
