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Market Matters Blog 06/27 11:26
DTN Weekly DDG Price Slightly Lower on Average
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 DTN spot price for domestic distillers dried grains
(DDG) from 33 locations reporting for the week ended June 26 was $1 lower on
average versus one week ago at $150 per ton.
DDG prices were mixed for the week, but lower on average. The lower cash
soybean meal and cash corn prices added pressure to the DDG market. DTN's
National Average Corn Index is down 23 cents versus one week ago.
Based on the average of prices collected by DTN, the value of DDG relative
to corn for the week ended June 26 was 1.026%. The value of DDG relative to
soybean meal was 55.37% and the cost per unit of protein for DDG was $5.56,
compared to the cost per unit of protein for soybean meal at $5.70.
U.S. Grains Council, in its weekly distillers dried grains with solubles
(DDGS) July export market prices report, showed as of June 26, CIF NOLA barge
price was down $6 at $211 metric ton (mt); FOB vessel Gulf price was down $9 at
$228 mt; rail delivered PNW was down $4 at $243; and rail delivered to
California was down $6 at $233 mt.
The Energy Information Administration reported Wednesday for the week ending
June 20, overall ethanol production in the United States averaged 1.081 million
bpd, down 28,000 bpd week-on-week and 38,000 bpd, or 3.5% higher than in the
same week last year. Four-week average output at 1.104 million bpd was 55,000
bpd above the same four weeks last year. Midwest ethanol production averaged
1.023 million bpd, down 29,000 bpd week-on-week and 36,000 bpd, or 3.5% higher
than in the same week last year. Four-week average output at 1.045 million bpd
was 54,000 bpd above the same four weeks last year.
Note: All prices subject to change/confirmation.
ALL PRICES SUBJECT TO CONFIRMATION CURRENT PREVIOUS CHANGE
COMPANY STATE 6/26/2025 6/18/2025
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $150 $150 $0
Wet $80 $80 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $155 $155 $0
Wet $75 $75 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $150 $152 -$2
Indiana Dry $138 $140 -$2
Iowa Dry $142 $145 -$3
Michigan Dry $148 $148 $0
Minnesota Dry $130 $135 -$5
New York Dry $158 $160 -$2
South Dakota Dry $135 $135 -$0
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $172 $172 $0
Iowa Dry $150 $155 -$5
Michigan Dry $175 $175 $0
Minnesota Dry $150 $155 -$5
Missouri Dry $160 $160 $0
Ohio Dry $172 $172 $0
South Dakota Dry $155 $155 $0
Nebraska Dry $150 $150 $0
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $155 $156 -$1
Wet $60 $60 $0
Illinois NO JUNE Dry $157 $160 -$3
Nebraska Dry $153 $153 $0
Wet $60 $60 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $143 $143 $0
Indiana Dry $142 $142 $0
Iowa Dry $135 $135 $0
Michigan Dry $142 $142 $0
Minnesota Dry $138 $138 $0
Nebraska Dry $155 $155 $0
New York Dry $165 $165 $0
North Dakota Dry $150 $150 $0
Ohio Dry $142 $142 $0
South Dakota Dry $145 $145 $0
Wisconsin Dry $135 $135 $0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $150 $150 $0
Western Kansas
Dry $183 $183 $0
Wet $72 $72 $0
Western Milling
California Dry $220 $224 -$4
**Weekly Average: $150 $151 -$1
(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 6/26/2025 $4.0950 $146.2500
Soybean Meal 6/26/2025 $270.90
DDG Weekly Average Spot Price 6/26/2025 $150.00
DDG Value Relative to: 6/26 6/19
Corn 1.026% 0.975%
Soybean Meal 55.37% 53.00%
Cost Per Unit of Protein:
DDG 5.56 5.59
Soybean Meal 5.70 6.00
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 the social platform X @MaryCKenn
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