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DTN's average DDG spot price fell 3 cents to $107 per ton for the week ended August 24, with merchandisers describing the market as soft. CIF NOLA DDGS prices weakened over recent weeks, and Hurricane Harvey threatened possible Mississippi River barge disruptions.
Weaker DDG prices and soft demand reduce feed costs for buyers, while potential barge interruptions from Harvey could raise freight costs and slow Gulf export movement.
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.
