# Market Perspectives May 4, 2017 - Page 6 of 10 - U.S. Grains & BioProducts Council

> DDGS prices were unchanged and the market found equilibrium, with Barge CIF NOLA rates flat near $135-136/MT and Chicago prices in a $128-131/MT range. Southeast Asian buyers were active but few trades were reported, and container prices to Southeast Asia were flat at $176/MT FOB for May.

- Date: 2017-05-04 · published 2017-05-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70992-market-perspectives-may-4-2017-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Flat DDGS prices and few trades signal balanced supply and demand, leaving feed buyers little price pressure either way. Cold weather may briefly lift feed demand.

## Read by commodity

- SBM: neutral
- DDGS: neutral
- OCEANFRT: bearish ▼

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-may-4-2017/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-may-4-2017/9/

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