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Market Matters Blog 07/09 12:18
DTN Weekly DDG Price Slightly Higher on Average
DTN's weekly average spot price for domestic distillers dried grains is
higher versus two weeks 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 July 8 was
$153 per ton on average, up $1 on average versus two weeks ago. Prices were
mixed overall with demand slowing in the summer, especially due to the extreme
heat as cattle tend to eat less.
DDG prices were slightly higher on average for the week as the cash corn
price was higher versus two weeks ago. The DTN National Average Corn Index was
up 20 cents per bushel, while soybean meal prices were up $6.20 versus two
weeks ago. (Prices basis September futures)
Based on the average prices collected by DTN, the value of DDG relative to
corn for the week ended July 8 was 0.939%. The value of DDG relative to soybean
meal was 49.16% and the cost per unit of protein for DDG was $5.67 compared to
the cost per unit of protein for soybean meal at $6.55.
USDA on Tuesday used Census Bureau data to provide more details for DDGS
exports in May. U.S. exports of DDGS totaled 1,081,691 metric tons (mt) in May,
up from 1,020,732 mt in April, and the largest May exports since 2015. Mexico
was the top destination in May, taking almost 20% of U.S. exports and was
followed by South Korea and Indonesia. Through May, 2026 exports of DDGS are
running 14% ahead of the same point in 2025.
Ethanol production in the United States averaged 1.093 million barrels per
day (bpd) in the week ended July 3, the Energy Information Administration
reported Wednesday. That's down 24,000 bpd week-on-week and 6,000 bpd, or 0.5%,
higher than in the same week last year. Four-week average output at 1.1 million
bpd was 18,000 bpd above the same four weeks last year. Midwest ethanol
production averaged 1.032 million bpd, down 21,000 bpd week-on-week and 4,000
bpd, or 0.4%, higher than in the same week last year. Four-week average output
at 1.041 million bpd was 17,000 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 7/8/2026 6/25/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $170 $165 $5
Wet $85 $85 $0
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $160 $165 -$5
Wet $70 $70 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $170 $155 $15
Indiana Dry $145 $145 $0
Iowa Dry $145 $145 $0
Michigan Dry $155 $150 $5
Minnesota Dry $135 $142 -$7
New York Dry $170 $195 -$25
South Dakota Dry $150 $145 $5
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $185 $185 $0
Iowa Dry $160 $160 $0
Michigan Dry $180 $180 $0
Minnesota Dry $160 $160 $0
Missouri Dry $170 $170 $0
Ohio Dry $180 $180 $0
South Dakota Dry $150 $150 $0
Nebraska Dry $150 $150 $0
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $165 $175 -$10
Wet $68 $68 $0
Ill SOLD OUT Dry $172 $172 $0
Nebraska Dry $160 $170 -$10
Wet $70 $70 $0
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $145 $145 $0
Indiana Dry $140 $140 $0
Iowa Dry $130 $125 $5
Michigan Dry $140 $135 $5
Minnesota Dry $125 $120 $5
Nebraska Dry $140 $130 $10
New York Dry $155 $155 $0
North Dakota Dry $135 $125 $10
Ohio Dry $140 $140 $0
South Dakota Dry $135 $135 $0
Wisconsin Dry $120 $120 $0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $145 $145 $0
Western Kansas
Dry $212 $212 $0
Wet $70 $70 $0
Western Milling
California Dry $248 $248 $0
**Weekly Average: $153 $152 $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.
NOTE: THE DDG TABLE USES TRADING MONTH WITH HIGHEST VOLUME: DECEMBER
VALUE OF DDG VS. CORN & SOYBEAN MEAL
Settlement Price: Quote Date Bushel Short Ton
Corn 7/8/2026 $4.5625 $162.9464
Soybean Meal 7/8/2026 $311.20
DDG Weekly Average Spot Price 7/8/2026 $153.00
DDG Value Relative to: 7/8 7/1
Corn 0.939% 0.962%
Soybean Meal 49.16% 49.89%
Cost Per Unit of Protein:
DDG $5.67 5.63
Soybean Meal $6.55 6.41
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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