# Market Perspectives July 14, 2016 - Page 6 of 10 - U.S. Grains & BioProducts Council

> Container DDGS prices to Asian buyers fell, with about $6 per container lost to Southeast Asia and about $22 lost to Japan. Container rates from the US Gulf rose $10 per container, and a forecast Midwest heat wave could rebuild a weather premium in futures. Ethanol output rose slightly to about 1 million barrels per day, and corn-to-ethanol margins widened.

- Date: 2016-07-13 · published 2016-07-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7499-market-perspectives-july-14-2016-page-6-of-10-u-s-grains-and-bioproducts-council
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower DDGS export prices weigh on feed co-product values, while higher container freight adds cost to exports and a heat wave could lift corn prices.

## Read by commodity

- CORN: neutral
- DDGS: bearish ▼
- OCEANFRT: bullish ▲

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-july-14-2016/6/

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