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DTN's average DDG spot price rose 4 cents to $142 per ton for the week ended January 11, as ethanol plants ran slower and supplies tightened. Ice on the Illinois River shut traffic and reduced barge tow sizes.
Containers bound for Vietnam also could not be fumigated because of cold weather.
Tighter DDG supply from slower ethanol output and barge disruptions on the Illinois River support DDGS prices and raise transport costs for buyers.
dtnpf.comMary KennedyJan 12, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 284 past neutral logistics events, Corn moved a median -0.0% over 5 sessions (49% higher; middle half -1.3% to +1.4%), and -0.2% over 20.
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.
