# Soft prices, strong dollar affect DDGS markets | Biodiesel Magazine

> DDGS exports had a near-record 2016, totaling 11.48 million metric tons, the second highest on record and down 10 percent from 2015. Mexico and several Asian countries were the main buyers, and about one in three US DDGS tons was exported. FOB Gulf DDGS was $145/MT, down $3, and DDGS held a $1.77 per protein-unit advantage over soybean meal.

- Date: 2017-03-08 · published 2017-03-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72108-soft-prices-strong-dollar-affect-ddgs-markets-biodiesel-magazine
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong export demand and DDGS's price advantage over soybean meal support domestic values, and a possible turnaround in prices may come as ethanol output slows. Export buyers in Asia continue to favor US product.

## Read by commodity

- SBM: neutral
- DDGS: bullish ▲

## Sources

- biodieselmagazine.com: https://biodieselmagazine.com/articles/soft-prices-strong-dollar-affect-ddgs-markets-14190

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