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Average DTN spot prices for distillers dried grains rose $8 to $146 per ton for the week ended November 29, marking three straight weekly gains. Ethanol plant slowdowns and closures have tightened supply, and ethanol margins are at a 13-year low.
Reduced ethanol output is shrinking DDG supply, so prices are likely to stay firm, though high prices could push back on feed rations.
dtnpf.comMary KennedyNov 30, 2018Not 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.
