Market Matters Blog
DTN Weekly Average DDG Price Slightly Lower
MINNEAPOLIS (DTN) -- The DTN spot price for domestic distillers dried grains (DDG) from 33 locations reporting for the week ended May 29 was down $1 on average versus one week ago at $153 per ton.
DDG prices were mixed for the week, but down $1 on average with the cash corn price lower versus last week and meal prices flat so far this week. DTN National Average Corn Index is down 16 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 May 29 was 0.956%. The value of DDG relative to soybean meal was 51.62% and the cost per unit of protein for DDG was $5.67 compared to the cost per unit of protein for soybean meal at $6.24.
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U.S. Grains Council, in its weekly distillers dried grains with solubles (DDGS) June export market prices report, showed as of May 29, CIF NOLA barge price was down $13 at $210 metric ton (mt); FOB vessel Gulf price was up $2 at $236 mt; rail delivered PNW was down $5 at $245; and rail delivered to California was down $3 at $242 mt. A trader noted that the tariffs are starting to affect DDGS export sales.
The U.S. Energy Information Administration reported Wednesday that for the week ended May 23, overall ethanol production in the United States averaged 1.056 million barrels per day (bpd), up 20,000 bpd week-on-week and 12,000 bpd, or 1.1%, lower than in the same week last year. Four-week average output at 1.026 million bpd was 13,000 bpd above the same four weeks last year. Midwest ethanol production averaged 999,000 bpd, up 19,000 bpd week-on-week and 8,000 bpd, or 0.8%, lower than in the same week last year. Four-week average output at 970,000 bpd was 10,000 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 | 5/29/2025 | 5/22/2025 | ||
| Bartlett and Company, Kansas City, MO (816 714 3413) | |||||
| Missouri | Dry | $150 | $158 | -$8 | |
| Wet | $80 | $80 | $0 | ||
| Show Me Ethanol LLC, Carrollton, MO (660-542-6493) | |||||
| Dry | $155 | $155 | $0 | ||
| Wet | $70 | $70 | $0 | ||
| CHS, Minneapolis, MN (800-769-1066) | |||||
| Illinois | Dry | $155 | $155 | $0 | |
| Indiana | Dry | $145 | $145 | $0 | |
| Iowa | Dry | $148 | $148 | $0 | |
| Michigan | Dry | $155 | $155 | $0 | |
| Minnesota | Dry | $140 | $145 | -$5 | |
| New York | Dry | $170 | $170 | $0 | |
| South Dakota | Dry | $145 | $145 | $0 | |
| POET Nutrition, Sioux Falls, SD (888-327-8799) | |||||
| Indiana | Dry | $172 | $172 | $0 | |
| Iowa | Dry | $155 | $160 | -$5 | |
| Michigan | Dry | $175 | $175 | $0 | |
| Minnesota | Dry | $155 | $160 | -$5 | |
| Missouri | Dry | $160 | $160 | $0 | |
| Ohio | Dry | $172 | $172 | $0 | |
| South Dakota | Dry | $155 | $155 | $0 | |
| Nebraska | Dry | $150 | $150 | $0 | |
| United BioEnergy, Wichita, KS (316-616-3521) | |||||
| Kansas | Dry | $170 | $165 | $5 | |
| Wet | $70 | $69 | $1 | ||
| Illinois NO MAY | Dry | $158 | $158 | $0 | |
| Nebraska | Dry | $157 | $165 | -$8 | |
| Wet | $69 | $69 | $0 | ||
| U.S. Commodities, Minneapolis, MN (888-293-1640) | |||||
| Illinois | Dry | $145 | $145 | $0 | |
| Indiana | Dry | $145 | $145 | $0 | |
| Iowa | Dry | $142 | $142 | $0 | |
| Michigan | Dry | $142 | $142 | $0 | |
| Minnesota | Dry | $145 | $147 | -$2 | |
| Nebraska | Dry | $155 | $155 | $0 | |
| New York | Dry | $165 | $165 | $0 | |
| North Dakota | Dry | $150 | $150 | $0 | |
| Ohio | Dry | $147 | $147 | $0 | |
| South Dakota | Dry | $145 | $145 | $0 | |
| Wisconsin | Dry | $140 | $143 | -$3 | |
| Fox River Valley Ethanol, Oshkosh WI 715-709-0269 | |||||
| FOB Pickett | Dry | $147 | $147 | $0 | |
| Western Kansas | |||||
| Dry | $165 | $165 | $0 | ||
| Wet | $72 | $78 | -$6 | ||
| Western Milling | |||||
| California | Dry | $225 | $225 | $0 | |
| **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 | 5/29/2025 | $4.4700 | $159.6429 |
| Soybean Meal | 5/29/2025 | $296.40 | |
| DDG Weekly Average Spot Price | 5/29/2025 | $153.00 | |
| DDG Value Relative to: | 5/29 | 5/22 | |
| Corn | 0.958% | 0.931% | |
| Soybean Meal | 51.62% | 51.59% | |
| Cost Per Unit of Protein: | |||
| DDG | 5.67 | 5.70 | |
| Soybean Meal | 6.24 | 6.28 | |
| 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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