# DDG Prices Driven Higher by Rise in Corn Futures

> The DTN average DDG spot price rose $3 to $101 per ton for the week ended June 8, with 22 bids higher across 39 locations. The gain followed a 16-cent per-bushel rally in corn futures and firmer meal prices tied to hot weather forecasts.

- Date: 2017-06-09 · published 2017-06-09T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/70594-ddg-prices-driven-higher-by-rise-in-corn-futures
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Higher corn futures and weather-driven meal strength are pulling DDG prices up, and further yield concerns would support additional gains. DDG remains well below its historical relative value to corn, which may support demand.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-08 | [Higher corn futures cause feeder calf prices to dip](https://feedsoft.ai/events/58230-higher-corn-futures-cause-feeder-calf-prices-to-dip.md) | +2.0% | -3.2% |
| CORN | 2020-08-26 | [Low rainfall in US Midwest drives corn prices higher](https://feedsoft.ai/events/51639-low-rainfall-in-us-midwest-drives-corn-prices-higher.md) | +1.5% | +7.0% |
| CORN | 2022-06-27 | [High Heat Might Push Corn Prices Even Higher](https://feedsoft.ai/events/40956-high-heat-might-push-corn-prices-even-higher.md) | +1.8% | -12.0% |
| CORN | 2016-07-14 | [Bullish weather outlook drives futures higher](https://feedsoft.ai/events/4943-bullish-weather-outlook-drives-futures-higher.md) | +3.9% | -0.6% |
| CORN | 2026-06-26 | [Corn: Dry weather forecasts drive up corn prices](https://feedsoft.ai/events/18832-corn-dry-weather-forecasts-drive-up-corn-prices.md) | -1.3% | +5.3% |
| SBM | 2023-03-09 | [Higher soya price halts drop in poultry feed costs - Poultry Network](https://feedsoft.ai/events/36945-higher-soya-price-halts-drop-in-poultry-feed-costs-poultry-network.md) | -3.6% | -9.1% |
| SBM | 2020-07-11 | [CBOT soyabean futures higher - Markets - Business Recorder](https://feedsoft.ai/events/11496-cbot-soyabean-futures-higher-markets-business-recorder.md) | -1.5% | -3.7% |
| SBM | 2018-01-19 | [DDG Prices Remain Strong](https://feedsoft.ai/events/12097-ddg-prices-remain-strong.md) | +3.7% | +13.8% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/market-matters-blog/blog-post/2017/06/09/ddg-prices-driven-higher-rise-corn

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