Animal feed compounders choosing soymeal over expensive DDGS

January 21, 2019 |

In Illinois, Reuters reports that animal feed markets are looking to cheaper soy meal rather than DDGS because of shifts in prices resulting from the ongoing trade war with China. Without Chinese buying ethanol, ethanol demand has dropped and production is starting to fall in turn, reducing the availability of DDGS and raising prices. On the other hand, China is importing less soy meal, creating extra supply in the market that is pushing down prices and providing better margins to feed compounders.

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