DDGS prices under high export demand, price appreciation

摘要

Nov. 22—In late November, distillers grains prices had shaken off whatever corn harvest pressure buyers expected and steadied, if not gotten stronger. The domestic market, in particular, has borne the brunt of this lack of price movement, as the majority had been waiting for falling prices as a percentage of corn. Now domestic feeders are paying up to keep DDGS in their rations but mainly for the protein aspect of it. Protein meals worldwide are expensive, and both domestic and export markets are buying more DDGS for that aspect.