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U.S. DDGS prices were steady in the week, with barge CIF NOLA unchanged at $163.50/MT and FOB NOLA down $1 to $176/MT. FOB ethanol plant DDGS were priced at 38% of Kansas City soybean meal and 102% of cash corn, and ethanol production remains well above 1,000 barrels per day.
Ample near-term DDGS supply from strong ethanol output, combined with steady pricing, points to limited price movement while DDGS stays competitive versus soybean meal.
grains.orgNov 2, 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.
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.
