As of today, Distillers’ Dried Grain (DDG) futures are available for trading exclusively on CME Globex, the CME Group electronic trading platform, completing our product suite for the corn crush for ethanol. Distillers’ dried grain, a byproduct of corn-produced ethanol, is used primarily as a feed supplement and is an important product for the livestock and dairy industries.
DDG futures are a physically delivered contract that will bring much-needed price discovery and price transparency to the market. Particularly, this new product will enable customers to better manage their price risk in the feed, livestock, dairy, biofuels, grains and oilseed industries.
In addition, DDG futures can be combined with corn and ethanol futures to establish the corn for ethanol crush margin.
Source: AgPR/CME Group