Soybean Exports at Marketing Year Low
Weekly soybean export sales for the 2020/21 marketing year of 37 thousand metric tons (TMT), a marketing year low,...
Category: Grain and Feed Ingredients
DDGS Prices Spike Higher
DDGS Demand Remains Strong while Supply Falls
Higher corn prices are shaking the ethanol industry while reduced demand from the pandemic continues to hamper ethanol and DDGS output. The latest data release from the EIA showed production moved higher the first week of January, as did ethanol stock levels. On the plus side, margins appear to be climbing during the week ending January 15 with a sharp rise in ethanol price and a surge in DDGS pricing outpacing rising corn costs for the week. This margins 30...
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