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Market Matters Blog 08/14 12:41
DTN Weekly DDG Price Higher on Average
DTN's weekly average spot price for domestic distillers dried grains is
higher versus one week ago.
Mary Kennedy
DTN Basis Analyst
MINNEAPOLIS (DTN) -- The average DTN spot price for domestic distillers
dried grains (DDG) from 33 locations reporting for the week ended Aug. 13 was
$159 per short ton on average, up $4 versus one week ago. DDG is still a better
value than soybean meal and higher cash corn.
DDG prices were higher, on average, and the cash corn price was higher
versus one week ago. The DTN National Average Corn Index was up 10 cents per
bushel (basis SEP), while soybean meal prices were down $2.60 per short ton
(basis DEC) versus one week ago.
Based on the average of prices collected by DTN, the value of DDG relative
to corn for the week ended Aug. 13 was 0.943%. The value of DDG relative to
soybean meal was 50.64%, and the cost per unit of protein for DDG was $5.89
compared to the cost per unit of protein for soybean meal at $6.61.
U.S. Grains and Bioproducts Council in its weekly distillers dried grains
with solubles (DDGS) export market prices report, showed these September prices
as of Aug. 13: CIF NOLA barge price was up $5 at $230 metric ton (mt) versus
one week ago; FOB vessel Gulf price was steady at $243 mt; rail delivered PNW
was up $32 at $279; and rail delivered to California was up $23 at $268 mt.
The Energy Information Administration reported on Wednesday, Aug. 12, that
overall ethanol production in the United States averaged 1.117 million barrels
per day (bpd) in the week ending Aug. 7, up 10,000 bpd week-on-week and 24,000
bpd, or 2.2%, higher than in the same week last year. Four-week average output
at 1.127 million bpd was 23,000 bpd above the same four weeks last year.
Midwest ethanol production averaged 1.06 million bpd, up 13,000 bpd
week-on-week and 28,000 bpd, or 2.7% higher than in the same week last year.
Four-week average output at 1.07 million bpd was 24,000 bpd above the same four
weeks last year.
Note: All prices are subject to change/confirmation.
ALL PRICES SUBJECT TO CONFIRMATION CURRENT PREVIOUS CHANGE
COMPANY STATE 8/13/2026 8/6/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $165 $165 $0
Wet $85 $85 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $165 $165 $0
Wet $70 $70 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $180 $178 $2
Indiana Dry $155 $153 $2
Iowa Dry $145 $145 $0
Michigan Dry $158 $155 $3
Minnesota Dry $140 $138 $2
New York Dry $165 $165 $0
South Dakota Dry $150 $150 $0
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $180 $180 $0
Iowa Dry $160 $160 $0
Michigan Dry $180 $180 $0
Minnesota Dry $155 $155 $0
Missouri Dry $175 $175 $0
Ohio Dry $180 $180 $0
South Dakota Dry $160 $155 $5
Nebraska Dry $165 $160 $5
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $165 $165 $0
Wet $60 $60 $0
Ill Dry $180 $180 $0
Nebraska Dry $163 $163 $0
Wet $55 $55 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $155 $150 $5
Indiana Dry $150 $140 $10
Iowa Dry $140 $130 $10
Michigan Dry $145 $140 $5
Minnesota Dry $140 $130 $10
Nebraska Dry $160 $150 $10
New York Dry $170 $155 $15
North Dakota Dry $155 $150 $5
Ohio Dry $145 $140 $5
South Dakota Dry $150 $145 $5
Wisconsin Dry $135 $125 $10
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $150 $150 $0
Western Kansas
Dry $202 $175 $27
Wet $77 $75 $2
Western Milling
California Dry $255 $250 $5
**Weekly Average: $159 $155 $4
(Prices listed per ton)
**The weekly average prices above reflect only those companies DTN
collects spot prices from. States include: Missouri, Iowa, Nebraska,
Kansas, Illinois, Minnesota, North Dakota, South Dakota, Michigan,
Wisconsin and Indiana. Prices for Pennsylvania, New York and
California are not included in the averages.
NOTE: DDG table uses the futures with the highest volume: Currently DEC
VALUE OF DDG VS. CORN & SOYBEAN MEAL
Settlement Price: Quote Date Bushel Short Ton
Corn 8/13/2026 $4.7200 $168.5714
Soybean Meal 8/13/2026 $314.00
DDG Weekly Average Spot Price 8/13/2026 $159.00
DDG Value Relative to: 8/13 8/6
Corn 0.943% 0.939%
Soybean Meal 50.64% 48.96%
Cost Per Unit of Protein:
DDG $5.89 5.74
Soybean Meal $6.61 6.67
Notes:
Corn and soybean prices taken from DTN Market Quotes. DDG price
represents the average spot price from Midwest companies
collected on Thursday afternoons. Soybean meal cost per unit
of protein is cost per ton divided by 47.5. DDG cost per unit
of protein is cost per ton divided by 27.
Mary Kennedy can be reached at Mary.Kennedy@dtn.com
Follow her on social platform X @MaryCKenn
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