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DTN's average weekly DDG spot price fell $5 to $93 per ton for the week ended January 12, with most locations lower. China's final anti-dumping and anti-subsidy duties on US distillers grains, effective January 12 for five years, were set at roughly 54% combined range higher than preliminary levels.
China's tariffs sharply reduce the export outlet for US DDGS, pressuring domestic prices and shifting supply toward domestic feed users. Merchandisers said the ruling was largely expected, which limits the surprise but confirms the bearish trade backdrop.
dtnpf.comMary KennedyJan 17, 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.
