NEWS
Ethanol Blog
Cheryl Anderson DTN Staff Reporter
Thu Mar 27, 2014 03:30 PM CDT

Higher prices of soybean meal and low Chinese import levies have pushed prices of dried distillers grains to record high values compared to corn, according to an article by Agrimoney.com (http://bit.ly/…).

According to statistics from the U.S. Grains Council, March sales from the U.S. Gulf export market reached $325 per ton, the highest level in a year. Corn export prices, on the other hand, have dropped considerably in the past year to about $220 a ton for March.

Statistics compiled by DTN show DDG spot prices trading between 132% and 139% of the value of corn. Those values ...

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