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Market Matters Blog 08/28 12:38
DTN Weekly DDG Price Sharply Higher on Average
DTN's weekly average spot price for domestic distillers dried grains is
higher 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 Aug. 27 was
$174 per short ton on average, up $11 versus one week ago. DDG prices surged as
corn and soybean prices also jumped versus last week. One merchandiser told DTN
some states are reporting supplies are tight amid a pick-up in demand.
DDG prices were sharply higher on average and the cash corn price was higher
versus one week ago. The DTN National Average Corn Index was up 33 cents per
bushel (basis SEP), while soybean meal prices were also higher, up $17.10 per
short ton (basis DEC) versus one week ago.
Based on the average of prices collected by DTN, the value of DDG relative
to corn for the week ended Aug. 27 was 0.913%. The value of DDG relative to
soybean meal was 51.04% and the cost per unit of protein for DDG was $6.44
compared to the cost per unit of protein for soybean meal at $7.18.
U.S. Grains and Bioproducts Council in its weekly distillers dried grains
with solubles (DDGS) export market prices report, showed these September prices
as of Aug. 27: CIF NOLA barge price was up $9 at $246 metric ton (mt) versus
one week ago; FOB vessel Gulf price was up $14 at $248 mt; rail delivered PNW
was up $14 at $286; and rail delivered to California was up 14 at $281 mt.
Ethanol production in the United States averaged 1.112 million barrels per
day (bpd) in the week ended Aug. 21, the Energy Information Administration
reported Wednesday. That's up 23,000 bpd week-on-week and 42,000 bpd, or 3.9%,
higher than in the same week last year. Four-week average output at 1.106
million bpd was 27,000 bpd above the same four weeks last year. Midwest ethanol
production averaged 1.062 million bpd, up 31,000 bpd week-on-week and 45,000
bpd, or 4.4%, higher than in the same week last year. Four-week average output
at 1.05 million bpd was 28,000 bpd above the same four weeks last year.
Note: All prices subject to change/confirmation.
ALL PRICES SUBJECT TO CONFIRMATION CURRENT CURRENT CHANGE
COMPANY STATE 8/27/2026 8/20/2026
Bartlett and Company, Kansas City, MO (816 714 3413)
Missouri Dry $175 $165 $10
Wet $90 $85 $5
Show Me Ethanol LLC, Carrollton, MO (660-542-6493)
Dry $170 $170 $0
Wet $75 $75 $0
CHS, Minneapolis, MN (800-769-1066)
Illinois Dry $195 $190 $5
Indiana Dry $170 $160 $10
Iowa Dry $160 $153 $7
Michigan Dry $175 $168 $7
Minnesota Dry $158 $150 $8
New York Dry $185 $185 $0
South Dakota Dry $175 $155 $20
POET Nutrition, Sioux Falls, SD (888-327-8799)
Indiana Dry $190 $180 $10
Iowa Dry $185 $165 $20
Michigan Dry $190 $180 $10
Minnesota Dry $180 $160 $20
Missouri Dry $205 $175 $30
Ohio Dry $190 $180 $10
South Dakota Dry $190 $165 $25
Nebraska Dry $210 $170 $40
United BioEnergy, Wichita, KS (316-616-3521)
Kansas Dry $170 $165 $5
Wet $65 $55 $10
Ill Limited supply Dry $193 $185 $8
Nebraska Dry $170 $163 $7
Wet $65 $55 $10
U.S. Commodities, Minneapolis, MN (888-293-1640)
Illinois Dry $165 $155 $10
Indiana Dry $155 $150 $5
Iowa Dry $150 $145 $5
Michigan Dry $150 $145 $5
Minnesota Dry $155 $140 $15
Nebraska Dry $175 $160 $15
New York Dry $170 $170 $0
North Dakota Dry $170 $160 $10
Ohio Dry $145 $145 $0
South Dakota Dry $170 $155 $15
Wisconsin Dry $135 $135 $0
Fox River Valley Ethanol, Oshkosh WI 715-709-0269
FOB Pickett Dry $155 $150 $5
Western Kansas
Dry $225 $222 $3
Wet $82 $79 $3
Western Milling
California Dry $276 $258 $18
**Weekly Average: $174 $163 $11
(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: DDG table uses the futures with the highest volume: Currently DEC
VALUE OF DDG VS. CORN & SOYBEAN MEAL
Settlement Price: Quote Date Bushel Short Ton
Corn 8/27/2026 $5.3350 $190.5357
Soybean Meal 8/27/2026 $340.90
DDG Weekly Average Spot Price 8/27/2026 $174.00
DDG Value Relative to: 8/27 8/20
Corn 0.913% 0.906%
Soybean Meal 51.04% 50.34%
Cost Per Unit of Protein:
DDG $6.44 6.04
Soybean Meal $7.18 6.82
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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