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DDGS prices traded sideways with weak demand in Chicago and weaker prices in California. Plant closures for spring maintenance had not yet tightened supply as expected.
International Gulf FOB prices rose $3-4 per tonne, though buyers were mostly shopping rather than trading.
Flat domestic DDGS prices and soft demand limit upside, while modest export strength gives some support. DDGS remains a cheaper protein alternative to soybean meal at current ratios.
grains.orgApr 27, 2017grains.orgApr 27, 2017grains.orgApr 27, 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.
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.
