NEWS
DTN Weekly Distillers Grains Update
Cheryl Anderson DTN Staff Reporter
Mon May 6, 2013 10:54 AM CDT

DAVENPORT, Neb. (DTN) -- Despite uncooperative weather and worries about delayed planting, prices of dried distillers grain fell once again, continuing an eight-week downward trend.

This week, the DTN spot price average fell from $231 per ton to $230 per ton, reaching the lowest level since the last week of June 2012. The average has fallen $40 per ton since the first week of February, with $35 of that in the past seven weeks.

Part of the reason for the lower prices was increased production at ethanol plants that is leading to higher supplies of DDG, according to Sean Broderick, ...

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