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DDGS prices rebounded in the week ending February 16, 2017, with the USDA reporting a national average FOB ethanol plant price of $103/ton, the highest this year. Export prices rose, with Southeast Asia containers up $6/ton and Japan up $8/ton, and April shipments priced $3/ton above February.
DDGS remains historically cheap against corn and soybean meal, and firm international demand suggests further upward price potential for feed buyers.
grains.orgFeb 16, 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.
