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DTN's average weekly spot price for DDG was unchanged at $95 per ton for the week ended April 27, with eight of 39 locations posting bids $2 to $5 higher and two posting bids $2 to $8 lower. DDG value relative to corn was 73.48% and relative to soybean meal was 30.59%.
Firm DDG bids from tighter availability during ethanol plant spring maintenance support feed-cost competitiveness versus corn and soymeal, though analysts expect a possible slight downturn if supplies build once runtimes rise.
dtnpf.comMary KennedyApr 28, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
