Corn price and Dry Distiller’s Grains tend to move in the same direction. There are years where this is the exception, including 2017 and 2020. When examining weekly Kansas City corn price data and 10% Dry Distillers Grain price data from May 2006 to March 2022, the correlation between the two prices series is 0.86, indicating DDG and corn prices tend to move in the same direction.
A regression analysis using the data was conducted to find which price series indicated a relationship with DDG. Weekly high protein Kansas soybean meal price, Kansas corn price, a weekly variable indicating…
