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USDA trade data show US DDGS exports rose 6% year-over-year to 6.9 million metric tons from September 2016 to March 2017. The gain came despite a sharp drop in purchases by China, the largest buyer in recent marketing years.
Steady export demand from a diversified buyer base supports DDGS prices even as China's purchases fall, which is useful for buyers pricing co-product feed.
biofuelsdigest.comMeghan SappJun 1, 2017Not 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.
