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Market Matters Blog 11/13 14:37
DTN Weekly Average DDG Price Slightly Lower
DTN's weekly average spot price for domestic distillers dried grains is
slightly 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 Nov. 12 was
$177 per short ton on average, down $1 versus one week ago. DDG prices were
mixed but slightly lower on average, while the cash corn price and soybean meal
prices were higher versus last week.
The DTN National Average Corn Index is up 4 cents per bushel versus one week
ago, while soybean meal futures price is up $8.20 per short ton versus one week
ago.
Based on the average of prices collected by DTN, the value of DDG relative
to corn for the week ended Nov. 12 was 1.120%. The value of DDG relative to
soybean meal was 54.39% and the cost per unit of protein for DDG was $6.56
compared to the cost per unit of protein for soybean meal at $6.85.
U.S. Grains and Bioproducts Council in its weekly distillers dried grains
with solubles (DDGS) export market prices report showed December prices as of
Nov. 12: CIF NOLA barge price was up $3 at $267 metric ton (mt) versus one week
ago; FOB vessel Gulf price was down $2 at $278 mt; rail delivered PNW was up
$10 at $293; and rail delivered to California was up $10 at $283 mt.
The Energy Information Administration reported Thursday that overall ethanol
production in the United States averaged 1.13 million bpd in the week ending
Nov. 6, down 13,000 bpd week-on-week and 55,000 bpd, or 5.1% higher than in the
same week last year. Four-week average output at 1.121 million bpd was 21,000
bpd above the same four weeks last year. Midwest ethanol production averaged
1.07 million bpd, down 20,000 bpd week-on-week and 56,000 bpd, or 5.5% higher
than in the same week last year. The four-week average output at 1.064 million
bpd was 24,000 bpd above the same four weeks last year.
NOTE: All prices subject to change/confirmation.
CURRENT PREVIOUS
CHANGE
ALL PRICES SUBJECT TO CONFIRMATION
11/12/2026 11/5/2026
COMPANY STATE
Bartlett and Company, Kansas City, MO (816 714 3413)
$200 $200 $0
Missouri Dry
$95 $95 $0
Wet
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
$200 $200 $0
Dry
$100 $100 $0
Wet
CHS, Minneapolis, MN (800-769-1066)
$185 $183 $2
Illinois Dry
$160 $160 $0
Indiana Dry
$165 $170 -$5
Iowa Dry
$174 $170 $4
Michigan Dry
$165 $165 $0
Minnesota Dry
$215 $215 $0
New York Dry
$170 $175 -$5
South Dakota Dry
POET Nutrition, Sioux Falls, SD (888-327-8799)
$195 $195 $0
Indiana Dry
$180 $185 -$5
Iowa Dry
$195 $195 $0
Michigan Dry
$175 $180 -$5
Minnesota Dry
$190 $195 -$5
Missouri Dry
$195 $195 $0
Ohio Dry
$180 $185 -$5
South Dakota Dry
$195 $195 $0
Nebraska Dry
United BioEnergy, Wichita, KS (316-616-3521)
$201 $201 $0
Kansas Dry
$70 $70 $0
Wet
$190 $190 $0
Ill Dry
$200 $200 $0
Nebraska Dry
$70 $70 $0
Wet
U.S. Commodities, Minneapolis, MN (888-293-1640)
$165 $165 $0
Illinois Dry
$160 $160 $0
Indiana Dry
$160 $160 $0
Iowa Dry
$165 $165 $0
Michigan Dry
$150 $150 $0
Minnesota Dry
$165 $165 $0
Nebraska Dry
$170 $170 $0
New York Dry
$165 $165 $0
North Dakota Dry
$170 $170 $0
Ohio Dry
$160 $160 $0
South Dakota Dry
$145 $145 $0
Wisconsin Dry
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
$170 $170 $0
FOB Pickett Dry
Western Kansas
$224 $224 $0
Dry
$77 $77 $0
Wet
Western Milling
$268 $263 $5
California Dry
$177 $178 -$1
**Weekly Average:
(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: Prices are based off the futures market with the highest volume.
VALUE OF DDG VS. CORN & SOYBEAN MEAL
Settlement Price: Quote Date Bushel Short Ton
Corn 11/12/2026 $4.4250 $158.0357
Soybean Meal 11/12/2026 $325.40
DDG Weekly Average Spot Price 11/12/2026 $177.00
DDG Value Relative to: 11/12 11/5
Corn 1.120% 1.133%
Soybean Meal 54.39% 56.12%
Cost Per Unit of Protein:
DDG $6.56 $6.59
Soybean Meal $6.85 $6.68
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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