Brighten Market Outlook for DDGS

By CnAgri2013-08-16 13:57:36 Print DDGS：On Aug 14th, 2013, the average wholesale price of DDGS in main production areas is RMB2,365Yuan/MT, up 0.05% compared with last week. Promoted by USDA reports, CBOT corn and soybean futures price closed at rising. In US disk, DDGS quotation rose slightly and price advantage of domestic DDGS made active of domestic buying. Besides, price increase of domestic rapeseed meal also promoted DDGS consumption. Therefore, it is forecast that domestic DDGS market shall keep strong. (Table 2)



From “China Livestock and Feed Market Weekly Report”