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
  • Dealing with Diplodia After the latest spate of wet, cool weather in parts of the Midwest, plant pathologists are urgin...
  • Year-Round Cow Kelly Smith believes fetal programming through good nutrition for dams yields better steers and h...
  • Russ' Vintage Iron DTN staff reporter Russ Quinn takes a look at farm life nearly a century ago.
  • Cash Will Be King Years of $6-and-up corn couldn't last forever. Some proactive grain farmers are bolstering their ...
  • CWA Rule Pressure The Pennsylvania Department of Environmental Protection has asked the federal EPA to withdraw the...
  • COOL Appeal Likely in 2015 Agriculture Secretary Tom Vilsack said the U.S. might not file an appeal of the country-of-origin...
  • Ask the Taxman by Andy Biebl Readers ask if they can offset futures losses against cattle income, roll hedges forward tax-free...
  • Ranch Hands Two families take different approaches to building income from trail rides, roundups and real-lif...
  • Ask the Vet Why isn't my flea and tick control for dogs working?
Related News Stories
Ethanol Blog
Ethanol Blog
Ethanol Blog
DDGS Could be Feast for Fish
DTN Distillers Grain Weekly Update
Ethanol Blog
Ethanol Blog
DTN Distillers Grain Weekly Update
Ethanol Blog
Ethanol Blog