How much does DDGS cost?
How much does DDGS cost?
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VALUE OF DDG VS. CORN & SOYBEAN MEAL | |
---|---|
DDG Weekly Average Spot Price | $185.00 |
DDG Value Relative to: | 11/18 |
Corn | 89.91% |
Soybean Meal | 49.68% |
What is DDGS ethanol?
DDGS are a co-product of ethanol production and are used as a high-protein animal feed. It is an efficient alternative to corn and soybean-based animal feed. According to the U.S. Grains Council: “Most ethanol plants are dry-grind facilities that extract starch from corn to produce ethanol.
How do you calculate ethanol margin?
A simple crush margin can be calculated by dividing the cost of corn per bushel by 2.8, the number of gallons of ethanol that a bushel of corn can produce. The resulting number is the cost of corn per gallon of ethanol.
How much is DDG a ton?
29 was $199 per ton, up $6 per ton on average versus one week ago. The DTN average DDG price for December 2021 was $193 versus the December 2020 average of $203.
What are DDGS made of?
Distiller’s Dried Grains with Solubles (DDGS) is derived from grain (principally corn), and largely, is the residual material, from the industrial fermentation and distillation of starch-rich grains for ethanol production.
What is the corn crush spread?
The corn crush spread is a dollar value quoted as the difference between the combined sales values of the products (ethanol and DDGs) and the cost of corn. This value is traded in the cash or futures market based on expectations of future price movement of corn versus ethanol and DDGs.
What is the price of corn oil?
US maize (corn) oil wholesale price In 2022, the approximate price range for US Maize (Corn) Oil is between US$ 0.82 and US$ 0.85 per kilogram or between US$ 0.37 and US$ 0.39 per pound(lb).