NEWS
DTN Weekly Distillers Grains Update
Cheryl Anderson DTN Staff Reporter
Mon Dec 24, 2012 08:46 AM CST

Livestock producers watching the market for prices of dried distillers grains can expect that prices will likely be stable after the holidays.

After hitting record highs when the DTN spot price average reached almost $300 per ton in mid-August, prices of DDG flipped and began a long downtrend until the average bottomed out at around $251 per ton around mid-November. Since then, prices have stabilized, hovering around $260 in recent weeks because of poor ethanol margins, and decreases in production and corn use for ethanol. Prices of DDG did drop slightly this week to $258 per ton because of lower ...

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