NEWS
DTN Weekly Distillers Grains Update
Cheryl Anderson DTN Staff Reporter
Mon Dec 9, 2013 08:01 AM CST

DAVENPORT, Neb. -- Prices of dried distillers grains have continued to rise in recent weeks, especially for delivered prices. However, Midwest truck prices are not as strong as delivered prices.

Sean Broderick, senior merchandiser for CHS in Minneapolis, told DTN that the higher delivered prices are partially due to a shortage of railcars, especially in California and the Pacific Northwest.

"Demand is strong on the coast," Broderick said, "but cars are moving slower so people are not able to sell or receive as much." Protein is also more expensive, and DDGS prices are being affected by that as well.

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