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DDGS trading was light this week ahead of the holidays, with most traded prices lower and Gulf prices down about $6/ton on average. Buyers are bidding $10 below offers, while PNW demand was firm and Lethbridge prices rose.
Buyers near maximum DDGS inclusion rates are waiting out sellers, which pressures near-term DDGS prices, though a stronger dollar could push importers to buy sooner and support export demand.
grains.orgDec 22, 2016grains.orgDec 22, 2016Not 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.
