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DDGS prices at ethanol plants rose $6.50 per metric ton in the week to August 27, 2020, supported by stronger domestic demand and rising corn prices. Rail-delivered DDGS to California gained $17 per ton, and Kansas City soymeal rose $3.50.
Higher corn and soymeal prices support DDGS values, and DDGS is priced at 113% of cash corn, above its five-year average. Tight supplies and expected fall elevation point to firm bulk prices.
grains.orgAug 27, 2020Not 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.
