Demand for dried distillers grains with solubles have declined for third quarter 2015 over first and second quarter levels, according to an article in Ethanol Producer (http://bit.ly/…), written by Sean Broderick, senior merchandiser for CHS in Minneapolis.
The lower prices have resulted in U.S. livestock producers beginning to include more DDGS into their rations.
Higher prices of DDGS had forced some U.S. livestock producers to substitute other ingredients than DDGS. According to DTN's weekly DDGS spot price average and value statistics, the value of DDGS relative to corn has hovered between 120% and 138% since mid-January.
Broderick said ...