DTN's weekly survey put the average spot price of domestic distillers dried grains at $177 per short ton for the week ended November 12, down $1 from the prior week, based on 33 reporting locations. The U.S. Grains and Bioproducts Council also reported December DDGS export prices as of the same date.
DDG is an ethanol byproduct used in livestock feed, so its price feeds into animal feed costs. At $6.56 per unit of protein versus $6.85 for soybean meal, DDG remains a cheaper protein source, which supports demand for it as a substitute.
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.