Get the latest insights on price movement and trend analysis of Dried distillers grains with solubles (DDGS) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Dried distillers grains with solubles (DDGS) Price Trend for H1 of 2023
Dried distillers grains with solubles (DDGS) are obtained as a side product in the production of ethanol from grains such as corn. It is composed of non-fermentable nutrients such as proteins, fiber, and lipids and thus is widely used as an animal feed for livestock such as cattle, swine, and poultry. It has a high nutrition profile and is valuable for its high protein content energy levels, and also offers it as an environmentally and economical option in the agricultural sector.
In the first quarter, China announced tariffs on dried distillers grains with solubles (DDGS) imports from the US as the domestic producers struggled with high corn prices and weak consumption by the consumers that negatively impacted the price trend of dried distillers grains with solubles (DDGS). Thus, for the revival of domestic industries and to curb with the lower demand, the government induced measures to reduce its dependence on US imports, causing a decline in the prices of dried distillers grains with solubles (DDGS).
According to Procurement Resource, the price of Dried distillers grains with solubles (DDGS) is estimated to follow a negative trajectory in the Asian markets in the upcoming months as the demand for dried distillers grains with solubles (DDGS) does not seem to support the rise in its prices.
Procurement Resource provides latest prices of Dried distillers grains with solubles (DDGS). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Distillers’ dried grain with solubles (DDGS) is the remaining product derived from bioethanol fermentation from various ethanol plants. It is made using the dry milling technology for grains rich in starch like wheat, corn, and barley. It is rich in crude protein, fibre, fat, vitamins, and minerals and is mainly used as feed for livestock, aquaculture, and poultry feeds.
|Product Name||Dried distillers grains with solubles (DDGS)|
|Industrial Uses||It is mainly used as feed for livestock, aquaculture, and poultry feeds, to produce organic acids, biohydrogen, methane, and hydrolytic enzymes, and as a key feedstock in microbial fermentation of value-added product production|
|Supplier Database||Nutrigo Feeds, Prodigy Foods, CropEnergies, Archer Daniels Midland Company, Cargill Incorporated, IFB Agro Industries Limited|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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