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A USDA Foreign Agricultural Service report shows US DDGS exports have diversified as China's share fell to about one-quarter last year from nearly half in 2014/15. Exports to Vietnam rose 74 percent and to Thailand 62 percent, while Mexico and South Korea shipments have grown each year since 2012/13.
Strong demand beyond China and competitive DDGS prices versus soymeal support US DDGS demand and prices for feed buyers.
feedstuffs.comDec 12, 2016Not 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.
