
The average U.S. spot price for distillers dried grains from 33 reporting locations fell $5 to $178 per short ton for the week ended November 5. Lower cash corn and soybean meal prices weighed on DDG, while U.S. ethanol production rose week over week to 1.143 million barrels per day.
Lower corn and soybean meal benchmarks are pressuring DDG values and may improve its relative cost as a feed ingredient; increased ethanol output also supports DDG supply. The reported price move is modest and reflects routine market conditions.
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.