NEWS
DTN Distillers Grain Weekly Update
Cheryl Anderson DTN Staff Reporter
Fri Mar 21, 2014 06:48 AM CDT

Prices of dried distillers grains will likely remain firm until the back-up in railcar availability improves, according to a number of DDG merchandisers and market analysts.

Problems with logistics were initially triggered by a non-stop barrage of severe winter weather that caused delays in rail car deliveries. When the back-ups continued to snowball, ethanol plants were forced to slow down production as their storage tanks neared full capacity.

When plants curbed ethanol production, DDG production also fell behind, creating a tightness in DDG supplies that has pushed prices upward for almost two months.

The situation at plants is currently dire, ...

Quick View
Related News Stories
US Pork Sales to Japan Higher
Beef Starts Sizzle in Japan
Trade Pact Gasp