Loading…
The USGC said the DDGS market has found equilibrium, with prices unchanged and little news. DDGS barge CIF New Orleans has held at $135-136/mt and Chicago at $128-131/mt since March.
Southeast Asian inquiries are active, but few trades are being done.
Flat prices and few new trades point to balanced supply and demand, so there is no strong price driver. Cold weather in the Plains could temporarily lift domestic feed demand.
feedstuffs.comKrissa Welshans 1May 5, 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.
