OMAHA (DTN) -- Except for the first week of the month, the dried distillers grain market was at a standstill for most of January.
According to the spot price averages gathered by DTN, DDG prices averaged $114 the first week of January, then fell slightly to an average of $111 where they remained for the remainder of the month.
One reason for this stagnation is a lack of demand on the export side, according to Mike McCartan, merchandiser for U.S. Commodities in Minneapolis. That absence of export demand has prevented prices from pushing upward, he said.
Some of that slow-down ...
