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The DTN average DDG spot price rose 1 cent to $110 per ton for the week ended Sept. 28.
CIF NOLA DDGS barges were quoted at $148 to $152 for October, and low-water restrictions on the Lower Mississippi are causing delays and congestion.
DDGS remains firm at roughly 87% of corn value, which supports feed buyers' substitution economics. Low-water barge delays could raise freight costs and tighten nearby supply.
dtnpf.comMary KennedySep 29, 2017Not 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.
