NEWS
Ethanol Blog
Cheryl Anderson DTN Staff Reporter
Fri Dec 21, 2012 10:51 AM CST

With a 35-to-40-cent drop in corn prices this week, spot prices of dried distillers dropped as well.

The DTN weekly DDG spot price average fell $3 per ton this week, from $261 to $258. After a long upward trend since mid-November, spot prices have now hovered between $256 and $261 since Thanksgiving.

Of the 29 Midwestern locations DTN collects prices from, 16 locations reported their spot prices had decreased between $2 and $10 per ton. Prices at 10 locations remained unchanged since last week, and only three locations said their prices increased $5.

Merchandisers told DTN that the primary reason ...

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