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DDGS prices were mixed in the week, with CIF NOLA barge prices falling while FOB Gulf prices rose. Container prices to Southeast Asia gained about $5 per tonne on average.
Rising soybean meal futures made DDGS cheaper per unit of protein, improving its appeal in rations.
Stronger soybean meal futures make DDGS a cheaper protein substitute, which can add domestic demand for DDGS and support its price.
grains.orgJan 18, 2018grains.orgJan 18, 2018grains.orgJan 18, 2018Not 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.
