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via livemint.comBusiness & Companies

Ethanol boom gives feed makers a cheaper alternative to soybean meal

FROM THE WIRE · LIVEMINT.COM

Rising supplies of DDGS, a by-product of grain-based ethanol production, are helping poultry, dairy and aquaculture feed manufacturers cut costs, with potential implications for domestic soybean meal demand.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRising DDGS supply could reduce domestic soybean meal demand, weighing on soybean prices.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Rising supplies of DDGS, a grain ethanol by-product, are increasing.
  2. 02Poultry, dairy and aquaculture feed makers are cutting costs.
  3. 03This could have implications for domestic soybean meal demand.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
SoybeansCOMMODITY:SOYBEANCommodity1,237.50 USc-0.22%today +1.52%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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