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美國DDGS專屬頻道 - DDGS每週美國國內行情分析
11/18/2011
The export market remains very hand to mouth with limited interest, as most buyers feel DDGS are too expensive to work into rations. The break in the board could provide some relief on prices, which could prompt buyers to come in and show firm bids. Therefore, trade is still quiet as international buyers can replace protein with cheaper sources through other commodities. The biggest slack in the supply chain seems to be sales to China..
From a domestic loading standpoint, the DDGS inverse from November-December seems to have disappeared. Many plants are now pushing product out early, due to a lack of equipment for transportation. The Thanksgiving Holiday will bring added pressure, and buyers that have the capacity to take quick ship product will have the opportunity to make some cheap spot purchases.
The market went higher again this week, but things are starting to feel a little toppy. The market has noticed a large scale of DDGS substitution on the west and east coasts, respectively, but not much in the heartland—seemingly because cash corn is hard to buy. DDGS is still extremely tight and prices are quite firm.
DDGS is very limited in rations in Mexico at this time. Buyers are only buying their immediate needs and hoping for a break in price. However, the supply situation in the U.S. will need to change for that to happen.
資料來源:美國穀物協會11/18/2011
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