# DDGS Weekly Market Report - March 9, 2017 - U.S. Grains & BioProducts Council

> U.S. DDGS exports totaled 11.48 million metric tons in 2016, the second-highest on record and down 10% from 2015. Roughly one-third of U.S. DDGS output was exported, mainly to Mexico and Asia, and FOB plant prices eased to about $102/MT.

- Date: 2017-03-09 · published 2017-03-09T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/71983-ddgs-weekly-market-report-march-9-2017-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong export buying from Asia at competitive prices supports DDGS demand, and a possible ethanol slowdown could tighten supply and lift prices.

## Read by commodity

- SBM: neutral
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2019-11-21 | [DDGS Weekly Market Report – November 21, 2019 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/56171-ddgs-weekly-market-report-november-21-2019-u-s-grains-and-bioproducts-council.md) | -2.0% | -0.5% |
| SBM | 2018-04-12 | [Market Perspectives - April 12, 2018 - Page 7 of 11 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/65405-market-perspectives-april-12-2018-page-7-of-11-u-s-grains-and-bioproducts.md) | -0.9% | +2.4% |
| SBM | 2017-05-15 | [Competitive feed market in Malaysia creates potential for U.S. DDGS \| World-grain.com \| May 15, 2017 13:38 \| World Grain](https://feedsoft.ai/events/70994-competitive-feed-market-in-malaysia-creates-potential-for-u-s-ddgs-world-grain.md) | -0.9% | -2.6% |
| SBM | 2024-03-04 | [Arable Market Report - 04 March 2024 \| AHDB](https://feedsoft.ai/events/7298-arable-market-report-04-march-2024-ahdb.md) | +0.5% | -2.9% |
| SBM | 2023-03-08 | [U.S. Ethanol Export Sales Kick Off 2023 with Large Gains while U.S. DDGS Exports Scale Back](https://feedsoft.ai/events/36840-u-s-ethanol-export-sales-kick-off-2023-with-large-gains-while-u-s-ddgs-exports.md) | -1.9% | -8.4% |

## Sources

- grains.org: https://grains.org/ddgs_report/ddgs-weekly-market-report-march-9-2017/

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