# Market Perspectives June 15, 2017 - Page 6 of 10 - U.S. Grains & BioProducts Council

> DDGS prices rose during the week as higher corn and soybean meal futures let merchandisers raise offers, and international buyers bought ahead of further increases. Tight June and July supplies were linked to flagging ethanol output and recent sales.

- Date: 2017-06-15 · published 2017-06-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70499-market-perspectives-june-15-2017-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Firmer DDGS prices and a DDGS-to-corn value ratio above 100% make DDGS a more competitive feed ingredient, which can support prices for other feed components.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲
- OCEANFRT: neutral

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-june-15-2017/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-june-15-2017/9/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
