
The DTN average spot price for domestic distillers dried grains from 33 locations was $177 per short ton for the week ended Nov. 12, down $1 from a week earlier.
Cash corn and soybean meal prices rose over the same week, while DDG prices were mixed but slightly lower on average.
DDG is priced against corn and soybean meal, and its value relative to corn stayed at about 112%, so the slight softening makes it marginally less attractive to feed buyers than protein alternatives. The move is small and the price impact is limited.
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.