Market Matters Blog
DTN's weekly average spot price for domestic distillers dried grains is slightly higher versus one week ago.
DTN’s weekly spot price for domestic distillers dried grains for the week ended Oct. 9 is unchanged on average versus one week ago. (DTN file photo)
Market Matters Blog
MINNEAPOLIS (DTN) — The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended Sept. 4 was $143 per ton on average, up $1 versus one week ago.
DDG prices were mixed for the week, but higher on average as demand is picking up and the cash corn price moved higher since last week. The DTN National Average Corn Index is up 10 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 Sep 04 was 0.954%. The value of DDG relative to soybean meal was 50.41% and the cost per unit of protein for DDG was $5.30 compared to the cost per unit of protein for soybean meal at $5.97.
U.S. Grains Council, in its weekly distillers dried grains with solubles (DDGS) September export market prices report, showed as of Sept. 4, CIF NOLA barge price was up $9 at $212 metric ton (mt); FOB vessel Gulf price was up $2 at $225 mt; rail delivered PNW was down $2 at $242; and rail delivered to California was down $1 at $232 mt. Drafts on the Lower Mississippi River are in place on the LMR as the river is on a slow fall, with Memphis at -1.85ft below zero gauge.
The Energy Information Administration reported on Wednesday that as of Aug. 22, overall ethanol production in the United States averaged 1.07 million barrels per day (bpd), down 2,000 bpd versus last week and 9,000 bpd, or 0.1%, lower than in the same week last year. Four-week average output at 1.097 million bpd was 21,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.017 million bpd, down 1,000 bpd versus last week and 15,000 bpd, or 1.5%, higher than in the same week last year. Four-week average output at 1.038 million bpd was 21,000 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 | 9/4/2025 | 8/28/2025 | ||
| Bartlett and Company, Kansas City, MO (816 714 3413) | |||||
| Missouri | Dry | $150 | $150 | $0 | |
| Wet | $78 | $78 | $0 | ||
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) | |||||
| Dry | $150 | $150 | $0 | ||
| Wet | $75 | $75 | $0 | ||
| CHS, Minneapolis, MN (800-769-1066) | |||||
| Illinois | Dry | $150 | $148 | $2 | |
| Indiana | Dry | $135 | $130 | $5 | |
| Iowa | Dry | $130 | $130 | $0 | |
| Michigan | Dry | $145 | $140 | $5 | |
| Minnesota | Dry | $128 | $125 | $3 | |
| New York | Dry | $160 | $160 | $0 | |
| South Dakota | Dry | $135 | $130 | $5 | |
| POET Nutrition, Sioux Falls, SD (888-327-8799) | |||||
| Indiana | Dry | $165 | $165 | $0 | |
| Iowa | Dry | $145 | $142 | $3 | |
| Michigan | Dry | $165 | $165 | $0 | |
| Minnesota | Dry | $145 | $142 | $3 | |
| Missouri | Dry | $160 | $160 | $0 | |
| Ohio | Dry | $165 | $165 | $0 | |
| South Dakota | Dry | $140 | $140 | $0 | |
| Nebraska | Dry | $145 | $145 | $0 | |
| United BioEnergy, Wichita, KS (316-616-3521) | |||||
| Kansas | Dry | $150 | $150 | $0 | |
| Wet | $55 | $50 | $5 | ||
| Ill SOLD OUT SEP. | Dry | $0 | $0 | $0 | |
| Nebraska | Dry | $150 | $145 | $5 | |
| Wet | $45 | $45 | $0 | ||
| U.S. Commodities, Minneapolis, MN (888-293-1640) | |||||
| Illinois | Dry | $138 | $138 | $0 | |
| Indiana | Dry | $138 | $138 | $0 | |
| Iowa | Dry | $129 | $127 | $2 | |
| Michigan | Dry | $142 | $142 | $0 | |
| Minnesota | Dry | $130 | $127 | $3 | |
| Nebraska | Dry | $137 | $135 | $2 | |
| New York | Dry | $150 | $150 | $0 | |
| North Dakota | Dry | $130 | $130 | $0 | |
| Ohio | Dry | $140 | $140 | $0 | |
| South Dakota | Dry | $125 | $125 | $0 | |
| Wisconsin | Dry | $135 | $135 | $0 | |
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 | |||||
| FOB Pickett | Dry | $130 | $130 | $0 | |
| Western Kansas | |||||
| Dry | $170 | $160 | $10 | ||
| Wet | $64 | $64 | $0 | ||
| Western Milling | |||||
| California | Dry | $212 | $209 | $3 | |
| **Weekly Average: | $143 | $142 | $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 | 9/4/2025 | $4.1975 | $149.9107 |
| Soybean Meal | 9/4/2025 | $283.70 | |
| DDG Weekly Average Spot Price | 9/4/2025 | $143.00 | |
| DDG Value Relative to: | 9/4 | 8/28 | |
| Corn | 0.954% | 0.970% | |
| Soybean Meal | 50.41% | 49.43% | |
| Cost Per Unit of Protein: | |||
| DDG | 5.30 | 5.26 | |
| Soybean Meal | 5.97 | 6.05 | |
| 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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