Market Matters Blog
DTN Weekly DDG Price Lower on Average
MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended March 27 was down $1 on average at $153 per ton versus one week ago. DDG prices were mixed again for the week, but lower on average. The corn futures had a rough week and soybean meal prices were also lower. The DTN National Average Corn Index was down 17 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 March 27 was 0.952%. The value of DDG relative to soybean meal was 51.95% and the cost per unit of protein for DDG was $5.67 compared to the cost per unit of protein for soybean meal at $6.20.
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U.S. Grains Council, in its weekly distillers dried grains with solubles (DDGS) April export market prices report, showed as of March 27, CIF NOLA barge price was up $3 at $214 metric ton (mt); FOB vessel Gulf price was up $2 at $223 mt; rail delivered PNW was up $7 at $247; and rail delivered to California was down $4 at $245 mt.
The U.S. Energy Information Administration reported overall ethanol production in the United States for the week ended March 21 averaged 1.053 million barrels per day (bpd), down 52,000 bpd week-on-week and 1,000 bpd, or 0.1% ,lower than in the same week last year. Four-week average output at 1.079 million bpd was 34,000 bpd above the same four weeks last year. Midwest ethanol production averaged 1.002 million bpd, down 55,000 bpd week-on-week and 5,000 bpd, or 0.5%, lower than in the same week last year. Four-week average output at 1.027 million bpd was 31,000 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 | 3/27/2025 | 3/20/2025 | ||||||
| Bartlett and Company, Kansas City, MO (816 714 3413) | |||||||||
| Missouri | Dry | $170 | $170 | $0 | |||||
| Wet | $90 | $90 | $0 | ||||||
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) | |||||||||
| Dry | $155 | $170 | -$15 | ||||||
| Wet | $75 | $90 | -$15 | ||||||
| CHS, Minneapolis, MN (800-769-1066) | |||||||||
| Illinois | Dry | $150 | $150 | $0 | |||||
| Indiana | Dry | $140 | $140 | $0 | |||||
| Iowa | Dry | $138 | $138 | $0 | |||||
| Michigan | Dry | $150 | $150 | $0 | |||||
| Minnesota | Dry | $135 | $140 | -$5 | |||||
| New York | Dry | $155 | $155 | $0 | |||||
| South Dakota | Dry | $145 | $145 | $0 | |||||
| POET Nutrition, Sioux Falls, SD (888-327-8799) | |||||||||
| Indiana | Dry | $172 | $172 | $0 | |||||
| Iowa | Dry | $155 | $150 | $5 | |||||
| Michigan | Dry | $175 | $175 | $0 | |||||
| Minnesota | Dry | $155 | $150 | $5 | |||||
| Missouri | Dry | $160 | $160 | $0 | |||||
| Ohio | Dry | $172 | $172 | $0 | |||||
| South Dakota | Dry | $155 | $155 | $0 | |||||
| Nebraska | Dry | $160 | $160 | $0 | |||||
| United BioEnergy, Wichita, KS (316-616-3521) | |||||||||
| Kansas | Dry | $165 | $170 | -$5 | |||||
| Wet | $69 | $75 | -$6 | ||||||
| Illinois | Dry | $155 | $155 | $0 | |||||
| Nebraska | Dry | $165 | $170 | -$5 | |||||
| Wet | $69 | $75 | -$6 | ||||||
| U.S. Commodities, Minneapolis, MN (888-293-1640) | |||||||||
| Illinois | Dry | $148 | $148 | $0 | |||||
| Indiana | Dry | $145 | $145 | $0 | |||||
| Iowa | Dry | $145 | $148 | -$3 | |||||
| Michigan | Dry | $145 | $150 | -$5 | |||||
| Minnesota | Dry | $138 | $140 | -$2 | |||||
| Nebraska | Dry | $155 | $155 | $0 | |||||
| New York | Dry | $165 | $165 | $0 | |||||
| North Dakota | Dry | $150 | $150 | $0 | |||||
| Ohio | Dry | $145 | $145 | $0 | |||||
| South Dakota | Dry | $145 | $145 | $0 | |||||
| Wisconsin | Dry | $145 | $145 | $0 | |||||
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 | |||||||||
| FOB Pickett | Dry | $140 | $140 | $0 | |||||
| Western Kansas | |||||||||
| Dry | $176 | $176 | $0 | ||||||
| Wet | $74 | $74 | $0 | ||||||
| Western Milling | |||||||||
| California | Dry | $227 | $228 | -$1 | |||||
| **Weekly Average: | $153 | $154 | -$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 | 3/27/2025 | $4.5000 | $160.7143 | ||||||
| Soybean Meal | 3/27/2025 | $294.50 | |||||||
| DDG Weekly Average Spot Price | 3/27/2025 | $153.00 | |||||||
| DDG Value Relative to: | 3/27 | 3/20 | |||||||
| Corn | 0.952% | 0.919% | |||||||
| Soybean Meal | 51.95% | 51.83% | |||||||
| Cost Per Unit of Protein: | |||||||||
| DDG | 5.67 | 5.70 | |||||||
| Soybean Meal | 6.20 | 6.25 | |||||||
| 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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