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DDG price - will it drop a bunch because of the China deal?
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LKM
Posted 9/27/2016 20:25 (#5552321 - in reply to #5552072)
Subject: RE: DDG price - will it drop a bunch because of the China deal?


Ridgway, IL
Here, ddg is 120, soyhulls 110, 35% dm wdg is 30.

The best deal in the country is #2 shell corn at 113/ton

Normal for us for past several years was 40-50% by product rations, now the by products are 20-25 and we make up the balance with corn. I enjoy the consistency that brings. By products can vary a lot load by load, keeps you on your toes trying to deliver a good ration to the bunk every day.

If we are to soak up what's recently been going to China, ddg needs to drop a significant amount to buy itself back into the American feed bunk. That export pipeline was supporting prices that had lost a little touch with the reality of current livestock prices and cost of other feed ingredients here in the USA.

The Chinese love ddg, for the same reason we do, affordable, palatable, protein and energy. They're hungry people, can they aquire other feed stuffs to meet the void left by the absence of ddg? For Now. My opinion
i am going to enjoy any drop in feed prices we can get, no matter how temporary! Have you seen the cme? Lol
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