Dried distillers grains prices were steady in a week characterized by slow buying and some supply tightness.
The DTN weekly DDG spot price average was unchanged compared to last week at $130 per ton. After hovering between $125 and $127 since mid-December, this is the highest point the average has reached since the first week of September 2015.
Of the 36 Midwestern locations DTN collects spot prices from, 28 locations reported unchanged spot prices. Six locations reported prices $1 and $6 per ton lower and only two locations reported increases of $5 each.
Merchandisers told DTN the DDG market has ...