In China, prices for imports of US DDGS have begun to fall back to levels seen in early July following a brief period of increased demand in the Chinese Gulf. As a result of lessening demand, lower prices are beginning to trigger demand instead in the US Midwest, particularly the pork and poultry sectors, as well as the Southeast poultry sector after the hot summer loading season with an eye on October forward. Cattle demand is also expected to pick up come autumn.
Category: Fuels