Chinese DDGS prices were stable, with downstream users purchasing only as needed. Higher corn prices raised production costs, while weaker soybean meal prices narrowed the price gap between the two feed ingredients; DDGS deals in Heilongjiang, Jilin and Henan were cited at 2,000–2,280 yuan per tonne.
Higher corn costs provide some support to DDGS prices, but weaker soybean meal prices and cautious feed buyers limit upside. Prices are expected to adjust within a narrow range.
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.