NEWS
DDG Prices Plunge After Stocks Report
Cheryl Anderson DTN Staff Reporter
Fri Apr 5, 2013 05:17 PM CDT

DAVENPORT, Neb. (DTN) -- Prices of corn and dried distillers grains both took a gigantic tumble in the past week, due largely to last week's USDA quarterly stocks report.

The report, released last Thursday, estimated approximately 370 million more bushels of corn than originally forecast. The report caused corn to tumble limit down 40 cents, and soon brought DDG prices down with it, as DDG prices tend to mirror movement on the corn board.

Just hours after the report was published, the DTN weekly spot price average had already fallen $3 per ton, from $264 to $261 per ton.

Merchandisers ...

Quick View
  • Prepping for a Pest USDA has released a new set of pest response guidelines for Helicoverpa armigera, the voracious g...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Ethanol Blog
Ethanol Blog
China Issues New US DDGS Import Rules
DTN Weekly Distillers Grains Update
DTN Distillers Grain Weekly Update
Ethanol Blog
DTN Distillers Grain Weekly Update
Ethanol Blog
DTN Distillers Grain Weekly Update
Ethanol Blog