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Market Matters Blog 06/26 14:38
DTN Weekly Average DDG Price Still Moving Lower
DTN's weekly average spot price for domestic distillers dried grains is
lower 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 June 25 was
$152 per ton on average, down $6 on average versus one week ago. Demand is
still poor from some end users switching out DDG, along with overall lack of
interest right now.
DDG prices were lower on average for the week with some plants continuing to
post sharply lower prices. The cash corn price was lower versus last week with
DTN National Average Corn Index down 6 cents per bushel. Soybean meal prices
fell early in the week but recovered versus one week ago, up $3.70.
Based on the average of prices collected by DTN, the value of DDG relative
to corn for the week ended June 25 was 1.026%. The value of DDG relative to
soybean meal was 49.84% and the cost per unit of protein for DDG was $5.63
compared to the cost per unit of protein for soybean meal at $6.42.
U.S. Grains and Bioproducts Council in its weekly distillers dried grains
with solubles (DDGS) export market prices report, showed these July prices as
of June 25 that have dropped as well: CIF NOLA barge price was down $10 at $199
metric ton (mt) versus on week ago; FOB vessel Gulf price was down $1 at $235
mt; rail delivered PNW was down $15 at $216; and rail delivered to California
was down $12 at $223 mt.
Ethanol production in the United States averaged 1.09 million barrels per
day (bpd) in the week ended June 19, the Energy Information Administration
reported Wednesday. That is down 12,000 bpd week-on-week and 9,000 bpd, or
0.8%, higher than in the same week last year. The four-week average output at
1.102 million bpd was 2,000 bpd below the same four weeks last year. Midwest
ethanol production averaged 1.037 million bpd, down 4,000 bpd week-on-week and
14,000 bpd, or 1.4%, higher than in the same week last year. Four-week average
output at 1.044 million bpd was 1,000 bpd below the same four weeks last year.
Note: All prices subject to change/confirmation.
ALL PRICES SUBJECT TO CONFIRMATION CURRENT PREVIOUS CHANGE
COMPANY STATE 6/25/2026 6/18/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $165 $170 -$5
Wet $85 $85 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $165 $175 -$10
Wet $70 $75 -$5
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $155 $155 $0
Indiana Dry $145 $150 -$5
Iowa Dry $145 $150 -$5
Michigan Dry $150 $155 -$5
Minnesota Dry $142 $145 -$3
New York Dry $195 $195 $0
South Dakota Dry $145 $160 -$15
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $185 $185 $0
Iowa Dry $160 $170 -$10
Michigan Dry $180 $185 -$5
Minnesota Dry $160 $170 -$10
Missouri Dry $170 $185 -$15
Ohio Dry $180 $185 -$5
South Dakota Dry $150 $170 -$20
Nebraska Dry $150 $170 -$20
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $175 $175 $0
Wet $68 $68 $0
Ill SOLD OUT Dry $155 $155 $0
Nebraska Dry $170 $170 $0
Wet $70 $70 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $145 $150 -$5
Indiana Dry $140 $145 -$5
Iowa Dry $125 $130 -$5
Michigan Dry $135 $135 $0
Minnesota Dry $120 $125 -$5
Nebraska Dry $130 $135 -$5
New York Dry $155 $160 -$5
North Dakota Dry $125 $130 -$5
Ohio Dry $140 $145 -$5
South Dakota Dry $135 $130 $5
Wisconsin Dry $120 $125 -$5
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $145 $145 $0
Western Kansas
Dry $212 $215 -$3
Wet $70 $70 $0
Western Milling
California Dry $248 $251 -$3
**Weekly Average: $152 $158 -$6
(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.
VALUE OF DDG VS. CORN & SOYBEAN MEAL
Settlement Price: Quote Date Bushel Short Ton
Corn 6/25/2026 $4.1475 $148.1250
Soybean Meal 6/25/2026 $305.00
DDG Weekly Average Spot Price 6/25/2026 $152.00
DDG Value Relative to: 6/25 6/18
Corn 1.026% 1.060%
Soybean Meal 49.84% 52.44%
Cost Per Unit of Protein:
DDG $5.63 5.85
Soybean Meal $6.42 6.34
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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