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The U.S. Grains & BioProducts Council weekly commentary reports DDGS prices rose $4/MT on the week, driven by China trade news, cold-weather feed demand across the Plains, and stronger export demand. FOB ethanol plant DDGS were valued at 40% of cash soybean meal and 104% of cash corn, both ratios up from the prior week.
Stronger DDGS pricing relative to soybean meal and corn improves its cost competitiveness in feed rations, supporting near-term demand and prices for DDGS.
grains.orgNov 16, 2017grains.orgNov 16, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
