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US DDGS prices were mostly unchanged, with FOB Gulf quotes averaging $176.25 and PNW rail prices rising on Chinese demand. Domestic buying is quiet while feed mills wait for lower prices, and a small carry is building.
Flat-to-firm DDGS prices and steady ethanol co-product competitiveness versus soymeal support feed buyers' substitution decisions, with limited near-term price direction.
grains.orgOct 26, 2017grains.orgOct 26, 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.
