# Market Perspectives April 27, 2017 - Page 6 of 10 - U.S. Grains & BioProducts Council

> 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.

- Date: 2017-04-27 · published 2017-04-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8224-market-perspectives-april-27-2017-page-6-of-10-u-s-grains-and-bioproducts
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md), [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

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

## Sources

- grains.org: https://grains.org/market_perspectives/market-perspectives-april-27-2017/
- grains.org: https://grains.org/market_perspectives/market-perspectives-april-27-2017/6/
- grains.org: https://grains.org/market_perspectives/market-perspectives-april-27-2017/9/

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